PPP Loan information for Elm terrace gardens

$1,613,400

Elm terrace gardens was initially approved for PPP Loan of amount $1,613,400, the current approved amount is $1,613,400. The loan was approved on 04/13/2020 by The Univest Bank and Trust Co. reported 217 jobs and $1,613,400 was used to fund payroll.

Elm terrace gardens is Existing or more than 2 years old

ELM TERRACE GARDENS

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ELM TERRACE GARDENS

Borrower Address

660 N BROAD ST

Borrower City

LANSDALE

Borrower State

PA

Borrower Zip

19446-1955

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1613400.00

Current Approval Amount

1613400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSDALE

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19446-1955

CD

PA-04

Jobs Reported

217

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1613400.00

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

Non-Profit Organization

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1628428.93

Forgiveness Date

03/31/2021

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