PPP Loan information for Admiral valve, llc

$763,700

Admiral valve, llc was initially approved for PPP Loan of amount $763,700, the current approved amount is $763,700. The loan was approved on 04/14/2020 by The Meridian Bank reported 46 jobs and $763,700 was used to fund payroll.

Admiral valve, llc is Existing or more than 2 years old

ADMIRAL VALVE, LLC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADMIRAL VALVE, LLC

Borrower Address

503 Schoolhouse Rd

Borrower City

KENNETT SQUARE

Borrower State

PA

Borrower Zip

19348

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

763700.00

Current Approval Amount

763700.00

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

KENNETT SQUARE

Project County Name

CHESTER

Project State

PA

Project Zip

19348-0001

CD

PA-06

Jobs Reported

46

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

673700.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

30000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

767780.04

Forgiveness Date

11/03/2020

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