Worcester Preparatory School, Inc.

$1,024,400 PPP Loan in Berlin, Maryland

Loan Details

Loan Number
6036437004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,024,400
Current Approval
$1,024,300
Forgiveness Amount
$1,032,719
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Worcester Preparatory School, Inc.
Address
508 S Main Street
City
Berlin
ZIP Code
21811-1410
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
159
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$1,024,300

Lender Information

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

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