PPP Loan information for Covenant life school inc

$437,087

Covenant life school inc was initially approved for PPP Loan of amount $437,087, the current approved amount is $437,087. The loan was approved on 02/03/2021 by The Sandy Spring Bank reported 64 jobs and $437,087 was used to fund payroll.

Covenant life school inc is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Covenant life school inc

COVENANT LIFE SCHOOL INC

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

COVENANT LIFE SCHOOL INC

Borrower Address

7503 Muncaster Mill Rd

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-3814

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

437087.00

Current Approval Amount

437087.00

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

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-3814

CD

MD-08

Jobs Reported

64

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

437087.00

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

440308.27

Forgiveness Date

11/05/2021

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