PPP Loan information for The severn group, inc

$3,647,900

The severn group, inc was initially approved for PPP Loan of amount $3,647,900, the current approved amount is $3,647,900. The loan was approved on 04/05/2020 by The Shore United Bank, National Association reported 158 jobs and $3,647,900 was used to fund payroll.

The severn group, inc is Existing or more than 2 years old

PPP Loan Search / MD / UPPER MARLBORO / The severn group, inc

THE SEVERN GROUP, INC

Date Approved

04/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE SEVERN GROUP, INC

Borrower Address

375 PRINCE GEORGES BLVD

Borrower City

UPPER MARLBORO

Borrower State

MD

Borrower Zip

20774-7410

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3647900.00

Current Approval Amount

3647900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UPPER MARLBORO

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-7410

CD

MD-05

Jobs Reported

158

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3647900.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3689975.78

Forgiveness Date

06/11/2021

;