Ihcos Care Associates, Inc.

$1,260,380 PPP Loan in Germantown, Maryland

Loan Details

Loan Number
9152827200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,260,380
Current Approval
$604,091
Forgiveness Amount
$608,725
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ihcos Care Associates, Inc.
Address
19536 Amaranth Drive
ZIP Code
20874
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$504,591
Rent
$60,000
Utilities
$15,000
Health Care
$12,000
Mortgage Interest
$12,000
Debt Interest
$500

Lender Information

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

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