American Youth Hostels Inc.

$2,000,000 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
2529888605
Date Approved
Mar 15, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,023,342
Forgiveness Date
May 26, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
American Youth Hostels Inc.
Address
8455 Colesville Rd Ste 1225
ZIP Code
20910-6338
Business Type
Non-Profit Organization
Industry (NAICS)
Accommodation and Food Services (721199)
Business Age
Existing or more than 2 years old
Jobs Reported
156
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Peapack-Gladstone Bank

Other PPP Loans in Silver Spring, MD

BusinessApproved
Capital Digestive Care, LLC$5,534,786NewBizBotAI Deep Dive
American Youth Hostels, Inc.$5,111,800NewBizBotAI Deep Dive
Maryland Oncology Hematology PA$5,031,900NewBizBotAI Deep Dive
Grady Management, INC$4,675,280NewBizBotAI Deep Dive
Integrated Community Services, Inc.$4,479,990NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free