PPP Loan information for Worcester preparatory school inc.

$1,024,362

Worcester preparatory school inc. was initially approved for PPP Loan of amount $1,024,362, the current approved amount is $1,024,362. The loan was approved on 01/25/2021 by The Shore United Bank, National Association reported 159 jobs and $1,024,362 was used to fund payroll.

Worcester preparatory school inc. is Existing or more than 2 years old

PPP Loan Search / MD / Berlin / Worcester preparatory school inc.

WORCESTER PREPARATORY SCHOOL INC.

Date Approved

01/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

WORCESTER PREPARATORY SCHOOL INC.

Borrower Address

505 S Main St

Borrower City

Berlin

Borrower State

MD

Borrower Zip

21811-1409

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1024362.00

Current Approval Amount

1024362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berlin

Project County Name

WORCESTER

Project State

MD

Project Zip

21811-1409

CD

MD-01

Jobs Reported

159

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1024358.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1030620.43

Forgiveness Date

09/14/2021

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