Potomac Foods Company Iii, Inc.

$1,426,300 PPP Loan in Gaithersburg, Maryland

Loan Details

Loan Number
6507587109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,426,300
Current Approval
$1,426,300
Forgiveness Amount
$1,444,314
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Potomac Foods Company Iii, Inc.
Address
7611-N Rickenbacker Drive
ZIP Code
20879
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Burger King
Business Age
Existing or more than 2 years old
Jobs Reported
354
Estimated Revenue
$62.9M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$1,069,725
Utilities
$356,575

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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