PPP Loan information for Severn school, inc.

$2,634,913

Severn school, inc. was initially approved for PPP Loan of amount $2,822,400, the current approved amount is $2,634,913. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 204 jobs and $2,634,913 was used to fund payroll.

Severn school, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SEVERNA PARK / Severn school, inc.

SEVERN SCHOOL, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEVERN SCHOOL, INC.

Borrower Address

201 Water Street

Borrower City

SEVERNA PARK

Borrower State

MD

Borrower Zip

21146-4522

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2822400.00

Current Approval Amount

2634913.00

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

SEVERNA PARK

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-4522

CD

MD-03

Jobs Reported

204

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2634913.00

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

2668625.45

Forgiveness Date

08/03/2021

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