PPP Loan information for Wormald corporation

$1,288,750

Wormald corporation was initially approved for PPP Loan of amount $1,288,750, the current approved amount is $1,288,750. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 87 jobs and $1,288,750 was used to fund payroll.

Wormald corporation is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Wormald corporation

WORMALD CORPORATION

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WORMALD CORPORATION

Borrower Address

5283 CORPORATE DR Suite 300

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21703-2877

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1288750.00

Current Approval Amount

1288750.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-2877

CD

MD-06

Jobs Reported

87

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1288750.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1305168.32

Forgiveness Date

08/02/2021

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