PPP Loan information for Academy child development center, inc.

$444,000

Academy child development center, inc. was initially approved for PPP Loan of amount $444,000, the current approved amount is $444,000. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 65 jobs and $444,000 was used to fund payroll.

Academy child development center, inc. is Existing or more than 2 years old

ACADEMY CHILD DEVELOPMENT CENTER, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ACADEMY CHILD DEVELOPMENT CENTER, INC.

Borrower Address

10109 DARNESTOWN RD

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-3901

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444000.00

Current Approval Amount

444000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3901

CD

MD-08

Jobs Reported

65

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

444000.00

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

Non-Profit Organization

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

450143.01

Forgiveness Date

09/09/2021

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