PPP Loan information for American community management

$784,197

American community management was initially approved for PPP Loan of amount $784,197, the current approved amount is $784,197. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 66 jobs and $784,197 was used to fund payroll.

American community management is Existing or more than 2 years old

PPP Loan Search / MD / Hanover / American community management

AMERICAN COMMUNITY MANAGEMENT

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AMERICAN COMMUNITY MANAGEMENT

Borrower Address

7484 Candlewood Road Suite H

Borrower City

Hanover

Borrower State

MD

Borrower Zip

21076

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

784197.00

Current Approval Amount

784197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanover

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21076-0001

CD

MD-03

Jobs Reported

66

NAICS Code

531390

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

708197.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

790298.70

Forgiveness Date

02/02/2021

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