Date Approved
01/26/2021
SBA Office Code
0303
Processing Method
PPS
Borrower Name
AARK HOSPITALITY NORRISTOWN FR INC
Borrower Address
150 W Germantown Pike
Borrower City
Norristown
Borrower State
PA
Borrower Zip
19401-1330
Loan Status Date
05/11/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
125626.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Friendly's
Servicing Lender Location Id
123439
Servicing Lender Name
Parke Bank
Servicing Lender Address
601 Delsea Dr
Servicing Lender City
SEWELL
Servicing Lender State
NJ
Servicing Lender Zip
08080-9325
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
PA-04
Jobs Reported
7
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
125620.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
127150.96
Forgiveness Date
04/25/2022