PPP Loan information for Maryland broadband cooperative, inc.

$214,916

Maryland broadband cooperative, inc. was initially approved for PPP Loan of amount $214,916, the current approved amount is $214,916. The loan was approved on 04/08/2020 by The Summit Community Bank, Inc. reported 11 jobs and $214,916 was used to fund payroll.

Maryland broadband cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Maryland broadband cooperative, inc.

MARYLAND BROADBAND COOPERATIVE, INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MARYLAND BROADBAND COOPERATIVE, INC.

Borrower Address

2129A NORTHWOOD DR

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21801-7858

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214916.20

Current Approval Amount

214916.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-7858

CD

MD-01

Jobs Reported

11

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

214916.20

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

216193.76

Forgiveness Date

11/12/2020

;