PPP Loan information for Olney theatre corporation

$738,877

Olney theatre corporation was initially approved for PPP Loan of amount $738,877, the current approved amount is $738,877. The loan was approved on 04/27/2020 by The EagleBank reported 40 jobs and $738,877 was used to fund payroll.

Olney theatre corporation is New Business or 2 years or less

OLNEY THEATRE CORPORATION

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OLNEY THEATRE CORPORATION

Borrower Address

2001 OLNEY SANDY SPRING ROAD

Borrower City

OLNEY

Borrower State

MD

Borrower Zip

20832

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

738877.00

Current Approval Amount

738877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OLNEY

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-1001

CD

MD-08

Jobs Reported

40

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

738877.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

746512.06

Forgiveness Date

05/06/2021

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