Montogomery Beauty School, INC

$586,805 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
1437847203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$586,805
Current Approval
$586,805
Forgiveness Amount
$595,969
Forgiveness Date
Nov 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montogomery Beauty School, INC
Address
8745 Piney Branch Rd Suite G
ZIP Code
20901
Business Type
Corporation
Industry (NAICS)
Educational Services (611511)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$440,104
Utilities
$73,351
Mortgage Interest
$73,351

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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