PPP Loan information for Powell recovery center, inc.

$2,482,136

Powell recovery center, inc. was initially approved for PPP Loan of amount $2,482,136, the current approved amount is $2,482,136. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 242 jobs and $2,482,136 was used to fund payroll.

Powell recovery center, inc. is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / Powell recovery center, inc.

POWELL RECOVERY CENTER, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

POWELL RECOVERY CENTER, INC.

Borrower Address

14 S Broadway

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21231-1712

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2482136.00

Current Approval Amount

2482136.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21231-1712

CD

MD-07

Jobs Reported

242

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2482136.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2519538.05

Forgiveness Date

10/25/2021

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