PPP Loan information for Lornwood child development center

$87,000

Lornwood child development center was initially approved for PPP Loan of amount $87,000, the current approved amount is $87,000. The loan was approved on 02/27/2021 by The Truist Bank reported 12 jobs and $87,000 was used to fund payroll.

Lornwood child development center is Existing or more than 2 years old

LORNWOOD CHILD DEVELOPMENT CENTER

Date Approved

02/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LORNWOOD CHILD DEVELOPMENT CENTER

Borrower Address

10453 Green Mountain Cir

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21044-2457

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

87000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21044-2457

CD

MD-03

Jobs Reported

12

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

86994.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87683.92

Forgiveness Date

12/14/2021

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