PPP Loan information for Cradle of hope adoption center

$68,500

Cradle of hope adoption center was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 04/15/2020 by The Citibank, N.A. reported 9 jobs and $68,500 was used to fund payroll.

Cradle of hope adoption center is Existing or more than 2 years old

CRADLE OF HOPE ADOPTION CENTER

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CRADLE OF HOPE ADOPTION CENTER

Borrower Address

8630 Fenton St Suite 310

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-0001

CD

MD-08

Jobs Reported

9

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68500.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

60911.74

Forgiveness Date

12/22/2020

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