PPP Loan information for Phoenix engineering, inc.

$707,872

Phoenix engineering, inc. was initially approved for PPP Loan of amount $707,872, the current approved amount is $707,872. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 43 jobs and $707,872 was used to fund payroll.

Phoenix engineering, inc. is Existing or more than 2 years old

PHOENIX ENGINEERING, INC.

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PHOENIX ENGINEERING, INC.

Borrower Address

21132 OLD YORK RD

Borrower City

PARKTON

Borrower State

MD

Borrower Zip

21120-9250

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707872.00

Current Approval Amount

707872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARKTON

Project County Name

BALTIMORE

Project State

MD

Project Zip

21120-9250

CD

MD-01

Jobs Reported

43

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5004.00

Payroll Proceed

687678.00

Mortgage Interest Proceed

15190.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

714543.45

Forgiveness Date

03/31/2021

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