Second Family Adult Homes INC

$541,600 PPP Loan in Bowie, Maryland

Loan Details

Loan Number
2075657201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$541,600
Current Approval
$541,600
Forgiveness Amount
$547,624
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Second Family Adult Homes INC
Address
6911 Laurel Bowie Road
City
Bowie
ZIP Code
20715
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$16.2M
Rural/Urban
Urban
Congressional District
MD-05

Loan Use Breakdown

Payroll
$454,415
Rent
$50,369
Utilities
$5,894
Health Care
$29,700
Mortgage Interest
$1,222

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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