PPP Loan information for Worcester county development center, inc.

$736,625

Worcester county development center, inc. was initially approved for PPP Loan of amount $736,625, the current approved amount is $736,625. The loan was approved on 04/15/2020 by The Bank of Ocean City reported 116 jobs and $736,625 was used to fund payroll.

Worcester county development center, inc. is Existing or more than 2 years old

PPP Loan Search / MD / NEWARK / Worcester county development center, inc.

WORCESTER COUNTY DEVELOPMENT CENTER, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WORCESTER COUNTY DEVELOPMENT CENTER, INC.

Borrower Address

8545 NEWARK RD

Borrower City

NEWARK

Borrower State

MD

Borrower Zip

21841-2021

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

736625.00

Current Approval Amount

736625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

WORCESTER

Project State

MD

Project Zip

21841-2021

CD

MD-01

Jobs Reported

116

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

736625.00

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

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

741549.29

Forgiveness Date

12/17/2020

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