PPP Loan information for Balatel communications

$169,773

Balatel communications was initially approved for PPP Loan of amount $169,773, the current approved amount is $169,773. The loan was approved on 02/22/2021 by The Customers Bank reported 12 jobs and $169,773 was used to fund payroll.

Balatel communications is Existing or more than 2 years old

BALATEL COMMUNICATIONS

Date Approved

02/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

BALATEL COMMUNICATIONS

Borrower Address

29 Bala Ave Ste 224

Borrower City

Bala Cynwyd

Borrower State

PA

Borrower Zip

19004-3206

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169773.00

Current Approval Amount

169773.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bala Cynwyd

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19004-3206

CD

PA-04

Jobs Reported

12

NAICS Code

562119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

169770.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172135.87

Forgiveness Date

07/21/2022

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