The Severn Group, INC

$3,647,900 PPP Loan in Upper Marlboro, Maryland

Loan Details

Loan Number
5133567005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$3,647,900
Current Approval
$3,647,900
Forgiveness Amount
$3,689,976
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Severn Group, INC
Address
375 Prince Georges Blvd
ZIP Code
20774-7410
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
158
Estimated Revenue
$50.0M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$3,647,900

Lender Information

Servicing Lender
Shore United Bank, National Association
Originating Lender
Shore United Bank, National Association

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