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 02/13/2021 by The Loan Source Incorporated reported 40 jobs and $738,877 was used to fund payroll.

Olney theatre corporation is Existing or more than 2 years old

OLNEY THEATRE CORPORATION

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

OLNEY THEATRE CORPORATION

Borrower Address

2001 Olney Sandy Spring Rd

Borrower City

Olney

Borrower State

MD

Borrower Zip

20832-1601

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

738877.00

Current Approval Amount

738877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olney

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-1601

CD

MD-08

Jobs Reported

40

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

738873.00

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

744929.72

Forgiveness Date

12/14/2021

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