PPP Loan information for The chelsea school

$424,900

The chelsea school was initially approved for PPP Loan of amount $424,900, the current approved amount is $424,900. The loan was approved on 05/15/2020 by The United Bank reported 35 jobs and $424,900 was used to fund payroll.

The chelsea school is Existing or more than 2 years old

PPP Loan Search / MD / HYATTSVILLE / The chelsea school

THE CHELSEA SCHOOL

Date Approved

05/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE CHELSEA SCHOOL

Borrower Address

2970 BELCREST CENTER DR STE 300

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20782-1987

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424900.00

Current Approval Amount

424900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20782-1987

CD

MD-04

Jobs Reported

35

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

424900.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

428806.72

Forgiveness Date

04/28/2021

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