PPP Loan information for Care ventures inc

$5,365,600

Care ventures inc was initially approved for PPP Loan of amount $5,365,600, the current approved amount is $5,365,600. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 408 jobs and $5,365,600 was used to fund payroll.

Care ventures inc is Existing or more than 2 years old

CARE VENTURES INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CARE VENTURES INC

Borrower Address

157 Baltimore Avenue

Borrower City

Cumberland

Borrower State

MD

Borrower Zip

21502

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5365600.00

Current Approval Amount

5365600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cumberland

Project County Name

ALLEGANY

Project State

MD

Project Zip

21502-0001

CD

MD-06

Jobs Reported

408

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

5309500.00

Mortgage Interest Proceed

0.00

Rent Proceed

55000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5433221.26

Forgiveness Date

07/27/2021

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