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 02/23/2021 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

PPP Loan Search / MD / Rockville / Academy child development center inc.

ACADEMY CHILD DEVELOPMENT CENTER INC.

Date Approved

02/23/2021

SBA Office Code

0353

Processing Method

PPS

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

05/18/2022

Loan Status

Paid in Full

Term

60

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

1.00

Payroll Proceed

443997.00

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

449072.55

Forgiveness Date

04/19/2022

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