PPP Loan information for Mar-lu ridge conference and educational center, inc.

$59,962

Mar-lu ridge conference and educational center, inc. was initially approved for PPP Loan of amount $59,962, the current approved amount is $59,962. The loan was approved on 04/07/2020 by The Middletown Valley Bank reported 6 jobs and $59,962 was used to fund payroll.

Mar-lu ridge conference and educational center, inc. is Existing or more than 2 years old

PPP Loan Search / MD / JEFFERSON / Mar-lu ridge conference and educational center, inc.

MAR-LU RIDGE CONFERENCE AND EDUCATIONAL CENTER, INC.

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MAR-LU RIDGE CONFERENCE AND EDUCATIONAL CENTER, INC.

Borrower Address

3200 MAR LU RIDGE RD

Borrower City

JEFFERSON

Borrower State

MD

Borrower Zip

21755-7700

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59962.00

Current Approval Amount

59962.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSON

Project County Name

FREDERICK

Project State

MD

Project Zip

21755-7700

CD

MD-06

Jobs Reported

6

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59962.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

60475.01

Forgiveness Date

02/19/2021

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