The Arc Northern Chesapeake Region, Inc.
$2,608,440 PPP Loan in Aberdeen, Maryland
Loan Details
- Loan Number
- 9857757105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,608,440
- Current Approval
- $2,608,440
- Forgiveness Amount
- $2,641,313
- Forgiveness Date
- Jul 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Arc Northern Chesapeake Region, Inc.
- Address
- 4513 Philadelphia Rd
- City
- Aberdeen
- State
- Maryland
- ZIP Code
- 21001
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 415
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $2,407,440
- Rent
- $50,000
- Utilities
- $26,000
- Health Care
- $110,000
- Mortgage Interest
- $15,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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|---|---|---|
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| Benfield Electric Company, INC | $2,302,400 | |
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