Mcdonogh School, Incorporated
$5,750,000 PPP Loan in Owings Mills, Maryland
Loan Details
- Loan Number
- 6514597110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,750,000
- Current Approval
- $5,750,000
- Forgiveness Amount
- $4,370,474
- Forgiveness Date
- May 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mcdonogh School, Incorporated
- Address
- 8600 Mcdonogh Road
- City
- Owings Mills
- State
- Maryland
- ZIP Code
- 21117
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 446
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MD-02
Loan Use Breakdown
- Payroll
- $3,800,000
- Utilities
- $320,000
- Health Care
- $400,000
- Debt Interest
- $1,230,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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