PPP Loan information for Imb development corporation

$159,798

Imb development corporation was initially approved for PPP Loan of amount $159,798, the current approved amount is $159,798. The loan was approved on 04/27/2020 by The Old Dominion National Bank reported 9 jobs and $159,798 was used to fund payroll.

Imb development corporation is Existing or more than 2 years old

PPP Loan Search / MD / Bethesda / Imb development corporation

IMB DEVELOPMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

IMB DEVELOPMENT CORPORATION

Borrower Address

7201 Wisconsin Ave. Suite 440

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159797.75

Current Approval Amount

159797.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-0001

CD

MD-08

Jobs Reported

9

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159797.75

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161242.50

Forgiveness Date

03/31/2021

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