PPP Loan information for Art of business inc.

$700,342

Art of business inc. was initially approved for PPP Loan of amount $700,342, the current approved amount is $700,342. The loan was approved on 03/04/2021 by The Manufacturers and Traders Trust Company reported 53 jobs and $700,342 was used to fund payroll.

Art of business inc. is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Art of business inc.

ART OF BUSINESS INC.

Date Approved

03/04/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ART OF BUSINESS INC.

Borrower Address

345 Morgantown Rd

Borrower City

Reading

Borrower State

PA

Borrower Zip

19611-2058

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

700342.00

Current Approval Amount

700342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19611-2058

CD

PA-06

Jobs Reported

53

NAICS Code

423990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

700339.00

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

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

704716.74

Forgiveness Date

10/20/2021

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