PPP Loan information for Bala nursing and retirement center lp

$1,497,592

Bala nursing and retirement center lp was initially approved for PPP Loan of amount $1,497,592, the current approved amount is $1,497,592. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 212 jobs and $1,497,592 was used to fund payroll.

Bala nursing and retirement center lp is Existing or more than 2 years old

BALA NURSING AND RETIREMENT CENTER LP

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BALA NURSING AND RETIREMENT CENTER LP

Borrower Address

1137 ROUEN DR

Borrower City

Potomac

Borrower State

MD

Borrower Zip

20854

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1497592.00

Current Approval Amount

1497592.00

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

Potomac

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-1000

CD

MD-08

Jobs Reported

212

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55608.00

Payroll Proceed

1373014.00

Mortgage Interest Proceed

68970.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1509244.50

Forgiveness Date

02/02/2021

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