PPP Loan information for Addiction recovery inc.

$1,080,932

Addiction recovery inc. was initially approved for PPP Loan of amount $1,080,932, the current approved amount is $1,080,932. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 133 jobs and $1,080,932 was used to fund payroll.

Addiction recovery inc. is Existing or more than 2 years old

PPP Loan Search / MD / CROWNSVILLE / Addiction recovery inc.

ADDICTION RECOVERY INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ADDICTION RECOVERY INC.

Borrower Address

26 Marbury Drive

Borrower City

CROWNSVILLE

Borrower State

MD

Borrower Zip

21032-2065

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1080932.00

Current Approval Amount

1080932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROWNSVILLE

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21032-2065

CD

MD-03

Jobs Reported

133

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35870.00

Payroll Proceed

998659.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46403.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1090290.21

Forgiveness Date

03/05/2021

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