PPP Loan information for Alvarez spawning, inc. and alberto c. alvarez & lillian f. j

$345,700

Alvarez spawning, inc. and alberto c. alvarez & lillian f. j was initially approved for PPP Loan of amount $345,700, the current approved amount is $345,700. The loan was approved on 04/28/2020 by The Meridian Bank reported 50 jobs and $345,700 was used to fund payroll.

Alvarez spawning, inc. and alberto c. alvarez & lillian f. j is Existing or more than 2 years old

ALVAREZ SPAWNING, INC. AND ALBERTO C. ALVAREZ & LILLIAN F. J

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ALVAREZ SPAWNING, INC. AND ALBERTO C. ALVAREZ & LILLIAN F. J

Borrower Address

1086 Shadyside Road

Borrower City

OXFORD

Borrower State

PA

Borrower Zip

19363

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345700.00

Current Approval Amount

345700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

CHESTER

Project State

PA

Project Zip

19363-0001

CD

PA-06

Jobs Reported

50

NAICS Code

111419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

340950.00

Mortgage Interest Proceed

0.00

Rent Proceed

4750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

337668.21

Forgiveness Date

12/14/2020

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