PPP Loan information for Community welfare council of newtown inc

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COMMUNITY WELFARE COUNCIL OF NEWTOWN INC

Borrower Address

226 N LINCOLN AVE

Borrower City

NEWTOWN

Borrower State

PA

Borrower Zip

18940-2216

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61158

Servicing Lender Name

The First National Bank and Trust Company of Newtown

Servicing Lender Address

40 S State St

Servicing Lender City

NEWTOWN

Servicing Lender State

PA

Servicing Lender Zip

18940-1953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

18940-2216

CD

PA-01

Jobs Reported

157

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

800000.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

61158

Originating Lender

The First National Bank and Trust Company of Newtown

Originating Lender City

NEWTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1012246.58

Forgiveness Date

07/20/2021