PPP Loan information for The mclean school of maryland

$2,243,769

The mclean school of maryland was initially approved for PPP Loan of amount $2,243,769, the current approved amount is $2,243,769. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 155 jobs and $2,243,769 was used to fund payroll.

The mclean school of maryland is Existing or more than 2 years old

THE MCLEAN SCHOOL OF MARYLAND

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE MCLEAN SCHOOL OF MARYLAND

Borrower Address

8224 LOCHINVER LN

Borrower City

POTOMAC

Borrower State

MD

Borrower Zip

20854-2744

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2243769.00

Current Approval Amount

2243769.00

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

POTOMAC

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-2744

CD

MD-08

Jobs Reported

155

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

46726.00

Payroll Proceed

2091575.00

Mortgage Interest Proceed

0.00

Rent Proceed

105468.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

2269772.13

Forgiveness Date

06/15/2021

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