PPP Loan information for Magothy cooperative preschool

$27,231

Magothy cooperative preschool was initially approved for PPP Loan of amount $27,231, the current approved amount is $27,231. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 9 jobs and $27,231 was used to fund payroll.

Magothy cooperative preschool is Existing or more than 2 years old

MAGOTHY COOPERATIVE PRESCHOOL

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MAGOTHY COOPERATIVE PRESCHOOL

Borrower Address

3705 MOUNTAIN ROAD

Borrower City

PASADENA

Borrower State

MD

Borrower Zip

21122

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27231.00

Current Approval Amount

27231.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PASADENA

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21122-0001

CD

MD-03

Jobs Reported

9

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27231.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

27476.45

Forgiveness Date

04/02/2021

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