PPP Loan information for Sandy spring friends school

$2,000,000

Sandy spring friends school was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 05/18/2021 by The Atlantic Union Bank reported 213 jobs and $2,000,000 was used to fund payroll.

Sandy spring friends school is Existing or more than 2 years old

SANDY SPRING FRIENDS SCHOOL

Date Approved

05/18/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SANDY SPRING FRIENDS SCHOOL

Borrower Address

16923 Norwood Road 16923 Norwood Road

Borrower City

Ashton-Sandy Spring

Borrower State

MD

Borrower Zip

20860

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashton-Sandy Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20860

CD

MD-03

Jobs Reported

213

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2016444.44

Forgiveness Date

03/17/2022

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