PPP Loan information for The promise resource center, inc.

$80,000

The promise resource center, inc. was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/10/2020 by The Community Bank of the Chesapeake reported 10 jobs and $80,000 was used to fund payroll.

The promise resource center, inc. is Existing or more than 2 years old

THE PROMISE RESOURCE CENTER, INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE PROMISE RESOURCE CENTER, INC.

Borrower Address

8395 OLD LEONARDTOWN RD

Borrower City

HUGHESVILLE

Borrower State

MD

Borrower Zip

20637-3154

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGHESVILLE

Project County Name

CHARLES

Project State

MD

Project Zip

20637-3154

CD

MD-05

Jobs Reported

10

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

80935.89

Forgiveness Date

06/22/2021

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