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
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
Project County Name
GARRETT
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
501(c)3 – Non Profit
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
150427.17
Forgiveness Date
05/23/2022