PPP Loan information for Richcroft incorporated

$2,527,842

Richcroft incorporated was initially approved for PPP Loan of amount $2,527,842, the current approved amount is $2,527,842. The loan was approved on 04/10/2020 by The The Bank of Glen Burnie reported 464 jobs and $2,527,842 was used to fund payroll.

Richcroft incorporated is Existing or more than 2 years old

PPP Loan Search / MD / HUNT VALLEY / Richcroft incorporated

RICHCROFT INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RICHCROFT INCORPORATED

Borrower Address

11350 MCCORMICK RD

Borrower City

HUNT VALLEY

Borrower State

MD

Borrower Zip

21031-1002

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2527842.00

Current Approval Amount

2527842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30660

Servicing Lender Name

The Bank of Glen Burnie

Servicing Lender Address

101 Crain Hwy SE

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3527

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNT VALLEY

Project County Name

BALTIMORE

Project State

MD

Project Zip

21031-1002

CD

MD-02

Jobs Reported

464

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2527842.00

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

30660

Originating Lender

The Bank of Glen Burnie

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2556912.18

Forgiveness Date

06/09/2021

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