PPP Loan information for New chapel baptist church

$307,673

New chapel baptist church was initially approved for PPP Loan of amount $314,858, the current approved amount is $307,673. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 56 jobs and $307,673 was used to fund payroll.

New chapel baptist church is Existing or more than 2 years old

NEW CHAPEL BAPTIST CHURCH

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NEW CHAPEL BAPTIST CHURCH

Borrower Address

5601 OLD BRANCH AVE

Borrower City

CAMP SPRINGS

Borrower State

MD

Borrower Zip

20748-2322

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314858.00

Current Approval Amount

307673.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMP SPRINGS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-2322

CD

MD-04

Jobs Reported

56

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307673.00

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

Professional Association

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310016.37

Forgiveness Date

02/10/2021

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