Date Approved
04/09/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
ARC OF WASHINGTON COUNTY, INC.
Borrower Address
820 Florida Ave.
Borrower City
HAGERSTOWN
Borrower State
MD
Borrower Zip
21740-3619
Loan Status Date
07/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
4353800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
74975
Servicing Lender Name
CNB Bank, Inc.
Servicing Lender Address
101 S Washington St
Servicing Lender City
BERKELEY SPRINGS
Servicing Lender State
WV
Servicing Lender Zip
25411-1569
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MD-06
Jobs Reported
500
NAICS Code
623210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
75000.00
Payroll Proceed
3500000.00
Mortgage Interest Proceed
100000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
678800.00
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
4404017.80
Forgiveness Date
06/11/2021