The Arc of Southern Maryland, Inc.

$2,831,487 PPP Loan in Prince Frederick, Maryland

Loan Details

Loan Number
4232337105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,831,487
Current Approval
$2,831,487
Forgiveness Amount
$2,872,602
Forgiveness Date
Oct 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Arc of Southern Maryland, Inc.
Address
355 West Dares Beach Road Po Box 1860
ZIP Code
20678-3125
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
325
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MD-05

Loan Use Breakdown

Payroll
$2,831,487

Lender Information

Servicing Lender
Shore United Bank, National Association
Originating Lender
Shore United Bank, National Association

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