PPP Loan information for Generation properties

$79,236

Generation properties was initially approved for PPP Loan of amount $79,236, the current approved amount is $79,236. The loan was approved on 04/10/2020 by The Community Bank of the Chesapeake reported 6 jobs and $79,236 was used to fund payroll.

Generation properties is New Business or 2 years or less

GENERATION PROPERTIES

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GENERATION PROPERTIES

Borrower Address

3150 West Ward Rd Suite 401

Borrower City

DUNKIRK

Borrower State

MD

Borrower Zip

20754-3050

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79236.00

Current Approval Amount

79236.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DUNKIRK

Project County Name

CALVERT

Project State

MD

Project Zip

20754-3050

CD

MD-05

Jobs Reported

6

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79236.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79921.99

Forgiveness Date

03/03/2021

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