PPP Loan information for Potomac college, llc

$667,500

Potomac college, llc was initially approved for PPP Loan of amount $667,500, the current approved amount is $667,500. The loan was approved on 04/13/2020 by The Customers Bank reported 76 jobs and $667,500 was used to fund payroll.

Potomac college, llc is Existing or more than 2 years old

POTOMAC COLLEGE, LLC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POTOMAC COLLEGE, LLC

Borrower Address

1401 H Street Northwest Suite 100

Borrower City

Washington

Borrower State

DC

Borrower Zip

20005

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

667500.00

Current Approval Amount

667500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20005-0500

CD

DC-

Jobs Reported

76

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

667500.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

682258.15

Forgiveness Date

07/21/2022

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