Loane Bros. Inc.

$764,432 PPP Loan in Towson, Maryland

Loan Details

Loan Number
6758497002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$764,432
Current Approval
$764,432
Forgiveness Amount
$771,092
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Loane Bros. Inc.
Address
1302 East Joppa Road
City
Towson
ZIP Code
21286-5917
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532289)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$30.7M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$689,763
Rent
$18,410
Utilities
$10,438
Health Care
$35,138
Mortgage Interest
$10,683

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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