PPP Loan information for The arc of howard county

$2,413,500

The arc of howard county was initially approved for PPP Loan of amount $2,413,500, the current approved amount is $2,413,500. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 300 jobs and $2,413,500 was used to fund payroll.

The arc of howard county is Existing or more than 2 years old

PPP Loan Search / MD / ELLICOTT CITY / The arc of howard county

THE ARC OF HOWARD COUNTY

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE ARC OF HOWARD COUNTY

Borrower Address

11735 Homeowood Rd

Borrower City

ELLICOTT CITY

Borrower State

MD

Borrower Zip

21042

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2413500.00

Current Approval Amount

2413500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELLICOTT CITY

Project County Name

HOWARD

Project State

MD

Project Zip

21042-0001

CD

MD-03

Jobs Reported

300

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2413500.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2447817.99

Forgiveness Date

09/24/2021

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