PPP Loan information for Neel inc

$7,500

Neel inc was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 04/27/2020 by The The Peoples Bank reported 2 jobs and $7,500 was used to fund payroll.

Neel inc is Existing or more than 2 years old

NEEL INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEEL INC

Borrower Address

1014 WASHINGTON AVE

Borrower City

CHESTERTOWN

Borrower State

MD

Borrower Zip

21620

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30507

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

100 Spring Ave

Servicing Lender City

CHESTERTOWN

Servicing Lender State

MD

Servicing Lender Zip

21620-1343

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERTOWN

Project County Name

KENT

Project State

MD

Project Zip

21620-0001

CD

MD-01

Jobs Reported

2

NAICS Code

445310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7500.00

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

Subchapter S Corporation

Originating Lender Location Id

30507

Originating Lender

The Peoples Bank

Originating Lender City

CHESTERTOWN

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7567.81

Forgiveness Date

04/05/2021

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