Ray of Hope, Inc.

$685,200 PPP Loan in Cumberland, Maryland

Loan Details

Loan Number
1965537208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$685,200
Current Approval
$685,200
Forgiveness Amount
$691,005
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray of Hope, Inc.
Address
163 N Mechanic Street
ZIP Code
21502
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (621330)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$685,200

Lender Information

Servicing Lender
First United Bank & Trust
Originating Lender
First United Bank & Trust

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