PPP Loan information for Community reach of montgomery county

$118,400

Community reach of montgomery county was initially approved for PPP Loan of amount $118,400, the current approved amount is $118,400. The loan was approved on 04/14/2020 by The Capital Bank, National Association reported 39 jobs and $118,400 was used to fund payroll.

Community reach of montgomery county is Existing or more than 2 years old

COMMUNITY REACH OF MONTGOMERY COUNTY

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COMMUNITY REACH OF MONTGOMERY COUNTY

Borrower Address

1010 GRANDIN AVE A1

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20851-1300

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118400.00

Current Approval Amount

118400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

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

20851-1300

CD

MD-08

Jobs Reported

39

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118400.00

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

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

119659.64

Forgiveness Date

05/13/2021

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