PPP Loan information for Sultana education foundation, inc

$124,912

Sultana education foundation, inc was initially approved for PPP Loan of amount $124,912, the current approved amount is $124,912. The loan was approved on 04/06/2020 by The The Chesapeake Bank & Trust Company reported 17 jobs and $124,912 was used to fund payroll.

Sultana education foundation, inc is Existing or more than 2 years old

PPP Loan Search / MD / CHESTERTOWN / Sultana education foundation, inc

SULTANA EDUCATION FOUNDATION, INC

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SULTANA EDUCATION FOUNDATION, INC

Borrower Address

200 S. CROSS ST

Borrower City

CHESTERTOWN

Borrower State

MD

Borrower Zip

21620-1538

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124912.40

Current Approval Amount

124912.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111223

Servicing Lender Name

The Chesapeake Bank & Trust Company

Servicing Lender Address

245 High St

Servicing Lender City

CHESTERTOWN

Servicing Lender State

MD

Servicing Lender Zip

21620-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERTOWN

Project County Name

KENT

Project State

MD

Project Zip

21620-1538

CD

MD-01

Jobs Reported

17

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24982.48

Payroll Proceed

96629.19

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3300.73

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

111223

Originating Lender

The Chesapeake Bank & Trust Company

Originating Lender City

CHESTERTOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

126229.97

Forgiveness Date

04/28/2021

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