PPP Loan information for The maryland salem children's trust inc

$148,728

The maryland salem children's trust inc was initially approved for PPP Loan of amount $148,728, the current approved amount is $148,728. The loan was approved on 03/24/2021 by The Somerset Trust Company reported 4 jobs and $148,728 was used to fund payroll.

The maryland salem children's trust inc is Existing or more than 2 years old

THE MARYLAND SALEM CHILDREN'S TRUST INC

Date Approved

03/24/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE MARYLAND SALEM CHILDREN'S TRUST INC

Borrower Address

605 Salem Dr

Borrower City

Frostburg

Borrower State

MD

Borrower Zip

21532-6040

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148728.00

Current Approval Amount

148728.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frostburg

Project County Name

GARRETT

Project State

MD

Project Zip

21532-6040

CD

MD-06

Jobs Reported

4

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148723.00

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

501(c)3 – Non Profit

Originating Lender Location Id

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

150427.17

Forgiveness Date

05/23/2022

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