PPP Loan information for Majestic care of north vernon

$745,923

Majestic care of north vernon was initially approved for PPP Loan of amount $745,923, the current approved amount is $745,923. The loan was approved on 02/24/2021 by The Forbright Bank reported 90 jobs and $745,923 was used to fund payroll.

Majestic care of north vernon is Existing or more than 2 years old

PPP Loan Search / IN / North Vernon / Majestic care of north vernon

MAJESTIC CARE OF NORTH VERNON

Date Approved

02/24/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MAJESTIC CARE OF NORTH VERNON

Borrower Address

701 Henry St

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265-1095

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

745923.00

Current Approval Amount

745923.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Vernon

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-1095

CD

IN-09

Jobs Reported

90

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

745917.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

753340.79

Forgiveness Date

02/23/2022

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