PPP Loan information for 30 amp circuit

$75,000

30 amp circuit was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 03/23/2021 by The Meridian Bank reported 4 jobs and $75,000 was used to fund payroll.

30 amp circuit is Existing or more than 2 years old

30 AMP CIRCUIT

Date Approved

03/23/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

30 AMP CIRCUIT

Borrower Address

20 Marywatersford Rd

Borrower City

Bala Cynwyd

Borrower State

PA

Borrower Zip

19004-2039

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bala Cynwyd

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19004-2039

CD

PA-04

Jobs Reported

4

NAICS Code

711510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74999.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

501(c)3 – Non Profit

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

75696.58

Forgiveness Date

03/14/2022

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