PPP Loan information for The arc northern chesapeake region, inc.

$2,608,440

The arc northern chesapeake region, inc. was initially approved for PPP Loan of amount $2,608,440, the current approved amount is $2,608,440. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 415 jobs and $2,608,440 was used to fund payroll.

The arc northern chesapeake region, inc. is Existing or more than 2 years old

THE ARC NORTHERN CHESAPEAKE REGION, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE ARC NORTHERN CHESAPEAKE REGION, INC.

Borrower Address

4513 PHILADELPHIA RD

Borrower City

Aberdeen

Borrower State

MD

Borrower Zip

21001

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2608440.00

Current Approval Amount

2608440.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

HARFORD

Project State

MD

Project Zip

21001-0001

CD

MD-01

Jobs Reported

415

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26000.00

Payroll Proceed

2407440.00

Mortgage Interest Proceed

15000.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

110000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2641313.49

Forgiveness Date

07/30/2021

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