Jubilee Association of Maryland, Inc.

$2,132,500 PPP Loan in Kensington, Maryland

Loan Details

Loan Number
8385367102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,132,500
Current Approval
$2,132,500
Forgiveness Amount
$2,160,427
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jubilee Association of Maryland, Inc.
Address
10408 Montgomery Avenue
ZIP Code
20895
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
271
Estimated Revenue
$46.1M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$1,953,790
Rent
$15,000
Utilities
$35,200
Health Care
$124,710
Mortgage Interest
$3,800

Lender Information

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

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