PPP Loan information for Forcey educational association

$655,300

Forcey educational association was initially approved for PPP Loan of amount $655,300, the current approved amount is $655,300. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 162 jobs and $655,300 was used to fund payroll.

Forcey educational association is Existing or more than 2 years old

PPP Loan Search / MD / BELTSVILLE / Forcey educational association

FORCEY EDUCATIONAL ASSOCIATION

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FORCEY EDUCATIONAL ASSOCIATION

Borrower Address

2130 East Randolph Road

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

655300.00

Current Approval Amount

655300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1000

CD

MD-04

Jobs Reported

162

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

163825.00

Payroll Proceed

491475.00

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

Non-Profit Organization

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

660883.52

Forgiveness Date

02/26/2021

;