PPP Loan information for Ourisman motors of frederick, inc

$753,800

Ourisman motors of frederick, inc was initially approved for PPP Loan of amount $753,800, the current approved amount is $753,800. The loan was approved on 04/07/2020 by The Truist Bank reported 51 jobs and $753,800 was used to fund payroll.

Ourisman motors of frederick, inc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Ourisman motors of frederick, inc

OURISMAN MOTORS OF FREDERICK, INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OURISMAN MOTORS OF FREDERICK, INC

Borrower Address

6001 URBANA PIKE

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21704-5160

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

753800.00

Current Approval Amount

753800.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-5160

CD

MD-06

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

753800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

758343.74

Forgiveness Date

11/23/2020

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