PPP Loan information for Worcester county developmental center inc.

$748,905

Worcester county developmental center inc. was initially approved for PPP Loan of amount $748,905, the current approved amount is $748,905. The loan was approved on 01/22/2021 by The Bank of Ocean City reported 80 jobs and $748,905 was used to fund payroll.

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

PPP Loan Search / MD / Newark / Worcester county developmental center inc.

WORCESTER COUNTY DEVELOPMENTAL CENTER INC.

Date Approved

01/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

WORCESTER COUNTY DEVELOPMENTAL CENTER INC.

Borrower Address

8545 Newark Rd

Borrower City

Newark

Borrower State

MD

Borrower Zip

21841-2021

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

748905.00

Current Approval Amount

748905.00

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

80

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

748905.00

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

753501.02

Forgiveness Date

09/14/2021

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