PPP Loan information for Ourisman automotive of laurel, inc.

$822,700

Ourisman automotive of laurel, inc. was initially approved for PPP Loan of amount $1,035,500, the current approved amount is $822,700. The loan was approved on 04/08/2020 by The Truist Bank reported 55 jobs and $822,700 was used to fund payroll.

Ourisman automotive of laurel, inc. is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Ourisman automotive of laurel, inc.

OURISMAN AUTOMOTIVE OF LAUREL, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OURISMAN AUTOMOTIVE OF LAUREL, INC.

Borrower Address

15301 FREDERICK RD

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20855-2100

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1035500.00

Current Approval Amount

822700.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20855-2100

CD

MD-08

Jobs Reported

55

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

822700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

828001.84

Forgiveness Date

12/09/2020

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