PPP Loan information for Stoddard baptist nursing home

$1,488,805

Stoddard baptist nursing home was initially approved for PPP Loan of amount $1,488,805, the current approved amount is $1,488,805. The loan was approved on 04/28/2020 by The Cross River Bank reported 154 jobs and $1,488,805 was used to fund payroll.

Stoddard baptist nursing home is Existing or more than 2 years old

STODDARD BAPTIST NURSING HOME

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

STODDARD BAPTIST NURSING HOME

Borrower Address

1818 NEWTON STREET NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20010

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1488805.00

Current Approval Amount

1488805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

20010-0001

CD

DC-

Jobs Reported

154

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1488805.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1518988.99

Forgiveness Date

05/19/2022

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