PPP Loan information for Shabach ministries, inc.

$614,815

Shabach ministries, inc. was initially approved for PPP Loan of amount $614,815, the current approved amount is $614,815. The loan was approved on 04/27/2020 by The EagleBank reported 92 jobs and $614,815 was used to fund payroll.

Shabach ministries, inc. is New Business or 2 years or less

PPP Loan Search / MD / LANDOVER / Shabach ministries, inc.

SHABACH MINISTRIES, INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SHABACH MINISTRIES, INC.

Borrower Address

3600 BRIGHTSEAT ROAD

Borrower City

LANDOVER

Borrower State

MD

Borrower Zip

20785

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614815.00

Current Approval Amount

614815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LANDOVER

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-0201

CD

MD-04

Jobs Reported

92

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

614815.00

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

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

621646.28

Forgiveness Date

06/04/2021

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