PPP Loan information for Quality time learning center, llc

$406,250

Quality time learning center, llc was initially approved for PPP Loan of amount $406,250, the current approved amount is $406,250. The loan was approved on 04/27/2020 by The EagleBank reported 60 jobs and $406,250 was used to fund payroll.

Quality time learning center, llc is New Business or 2 years or less

QUALITY TIME LEARNING CENTER, LLC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

QUALITY TIME LEARNING CENTER, LLC

Borrower Address

8101 GEORGIA AVE

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406250.00

Current Approval Amount

406250.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-0001

CD

MD-08

Jobs Reported

60

NAICS Code

624410

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406250.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277285.09

Forgiveness Date

10/19/2021

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