PPP Loan information for Chester county economic development council

$150,000

Chester county economic development council was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 02/24/2021 by The Meridian Bank reported 19 jobs and $150,000 was used to fund payroll.

Chester county economic development council is Existing or more than 2 years old

PPP Loan Search / PA / Exton / Chester county economic development council

CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL

Date Approved

02/24/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL

Borrower Address

737 Constitution Dr

Borrower City

Exton

Borrower State

PA

Borrower Zip

19341-1100

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

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

Exton

Project County Name

CHESTER

Project State

PA

Project Zip

19341-1100

CD

PA-06

Jobs Reported

19

NAICS Code

926110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150427.40

Forgiveness Date

06/15/2021

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