PPP Loan information for Potomac rubber company inc

$109,957

Potomac rubber company inc was initially approved for PPP Loan of amount $109,957, the current approved amount is $109,957. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $109,957 was used to fund payroll.

Potomac rubber company inc is New Business or 2 years or less

POTOMAC RUBBER COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POTOMAC RUBBER COMPANY INC

Borrower Address

9011 HAMPTON OVERLOOK

Borrower City

CAPITOL HEIGHTS

Borrower State

MD

Borrower Zip

20743-3826

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109957.00

Current Approval Amount

109957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CAPITOL HEIGHTS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20743-3826

CD

MD-04

Jobs Reported

8

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109957.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110917.99

Forgiveness Date

03/17/2021

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