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 01/28/2021 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 / Silver Spring / Forcey educational association

FORCEY EDUCATIONAL ASSOCIATION

Date Approved

01/28/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FORCEY EDUCATIONAL ASSOCIATION

Borrower Address

2130 E Randolph Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20904-1628

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-1628

CD

MD-04

Jobs Reported

162

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

655298.00

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

659680.64

Forgiveness Date

10/06/2021

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