PPP Loan information for Covenant life school, inc.

$413,900

Covenant life school, inc. was initially approved for PPP Loan of amount $413,900, the current approved amount is $413,900. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 64 jobs and $413,900 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

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COVENANT LIFE SCHOOL, INC.

Borrower Address

MUNCASTER MILL RD

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877-3814

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413900.00

Current Approval Amount

413900.00

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

Y

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

413900.00

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

416587.52

Forgiveness Date

12/15/2020

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