PPP Loan information for The arc of frederick county, inc

$1,048,757

The arc of frederick county, inc was initially approved for PPP Loan of amount $1,048,757, the current approved amount is $1,048,757. The loan was approved on 04/09/2020 by The Woodsboro Bank reported 306 jobs and $1,048,757 was used to fund payroll.

The arc of frederick county, inc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / The arc of frederick county, inc

THE ARC OF FREDERICK COUNTY, INC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE ARC OF FREDERICK COUNTY, INC

Borrower Address

620 A Research Court

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21703-8626

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1048757.00

Current Approval Amount

1048757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30930

Servicing Lender Name

Woodsboro Bank

Servicing Lender Address

5 N Main St

Servicing Lender City

WOODSBORO

Servicing Lender State

MD

Servicing Lender Zip

21798-8816

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-8626

CD

MD-06

Jobs Reported

306

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1048757.00

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

Professional Association

Originating Lender Location Id

30930

Originating Lender

Woodsboro Bank

Originating Lender City

WOODSBORO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1054561.08

Forgiveness Date

11/03/2020

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