PPP Loan information for 2405 inc

$25,800

2405 inc was initially approved for PPP Loan of amount $25,800, the current approved amount is $25,800. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 5 jobs and $25,800 was used to fund payroll.

2405 inc is Existing or more than 2 years old

PPP Loan Search / MD / TEMPLE HILLS / 2405 inc

2405 INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

2405 INC

Borrower Address

3333 naylor rd

Borrower City

TEMPLE HILLS

Borrower State

MD

Borrower Zip

20748

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25800.00

Current Approval Amount

25800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEMPLE HILLS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-1000

CD

MD-04

Jobs Reported

5

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6450.00

Payroll Proceed

19350.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26047.40

Forgiveness Date

04/08/2021

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