PPP Loan information for Children's literacy initiative

$4,448,600

Children's literacy initiative was initially approved for PPP Loan of amount $4,448,600, the current approved amount is $4,448,600. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 250 jobs and $4,448,600 was used to fund payroll.

Children's literacy initiative is Unanswered

CHILDREN'S LITERACY INITIATIVE

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CHILDREN'S LITERACY INITIATIVE

Borrower Address

990 Spring Garden Street Suite 4A

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19123-2606

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4448600.00

Current Approval Amount

4448600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19123-2606

CD

PA-02

Jobs Reported

250

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4448600.00

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

Sole Proprietorship

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4240072.62

Forgiveness Date

08/05/2021

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