PPP Loan information for Potomac valley distribution, inc.

$222,595

Potomac valley distribution, inc. was initially approved for PPP Loan of amount $222,595, the current approved amount is $222,595. The loan was approved on 04/05/2020 by The Middletown Valley Bank reported 7 jobs and $222,595 was used to fund payroll.

Potomac valley distribution, inc. is Existing or more than 2 years old

PPP Loan Search / MD / WILLIAMSPORT / Potomac valley distribution, inc.

POTOMAC VALLEY DISTRIBUTION, INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POTOMAC VALLEY DISTRIBUTION, INC.

Borrower Address

16635 Industrial Lane

Borrower City

WILLIAMSPORT

Borrower State

MD

Borrower Zip

21795-3123

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222595.00

Current Approval Amount

222595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSPORT

Project County Name

WASHINGTON

Project State

MD

Project Zip

21795-3123

CD

MD-06

Jobs Reported

7

NAICS Code

423990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

222595.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

225204.31

Forgiveness Date

06/11/2021

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