THE ARC OF SOUTHERN MARYLAND, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to THE ARC OF SOUTHERN MARYLAND, INC. by Community Bank of the Chesapeake. The loan was approved on 4/13/2020 in the range of $2-5 million.

Business Information

Name:

THE ARC OF SOUTHERN MARYLAND, INC.

355 WEST DARES BEACH ROAD PO BOX 1860
PRINCE FREDERICK, MD 20678
Business type: Non-Profit Organization
Social Assistance
→ Services for the Elderly and Persons with Disabilities
Non-profit: Yes
Loan amount: $2-5 million
(50 Jobs retained)
Date approved: April 13, 2020
Lender Community Bank of the Chesapeake

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.