PPP Loan information for Art of business, inc.

$803,820

Art of business, inc. was initially approved for PPP Loan of amount $803,820, the current approved amount is $803,820. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 62 jobs and $803,820 was used to fund payroll.

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

ART OF BUSINESS, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ART OF BUSINESS, INC.

Borrower Address

345 Morgantown Road

Borrower City

Reading

Borrower State

PA

Borrower Zip

19611

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

803820.00

Current Approval Amount

803820.00

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

19611-1000

CD

PA-06

Jobs Reported

62

NAICS Code

446120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

702190.00

Mortgage Interest Proceed

0.00

Rent Proceed

26630.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

813179.55

Forgiveness Date

06/22/2021

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