PPP Loan information for Arc of washington county, inc.

$4,353,800

Arc of washington county, inc. was initially approved for PPP Loan of amount $4,353,800, the current approved amount is $4,353,800. The loan was approved on 04/09/2020 by The CNB Bank, Inc. reported 500 jobs and $4,353,800 was used to fund payroll.

Arc of washington county, inc. is Existing or more than 2 years old

PPP Loan Search / MD / HAGERSTOWN / Arc of washington county, inc.

ARC OF WASHINGTON COUNTY, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ARC OF WASHINGTON COUNTY, INC.

Borrower Address

820 Florida Ave.

Borrower City

HAGERSTOWN

Borrower State

MD

Borrower Zip

21740-3619

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4353800.00

Current Approval Amount

4353800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74975

Servicing Lender Name

CNB Bank, Inc.

Servicing Lender Address

101 S Washington St

Servicing Lender City

BERKELEY SPRINGS

Servicing Lender State

WV

Servicing Lender Zip

25411-1569

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAGERSTOWN

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-3619

CD

MD-06

Jobs Reported

500

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

3500000.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

678800.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

74975

Originating Lender

CNB Bank, Inc.

Originating Lender City

BERKELEY SPRINGS

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4404017.80

Forgiveness Date

06/11/2021

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