PPP Loan information for General recreation inc

$225,000

General recreation inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 01/21/2021 by The Vibrant Credit Union reported 10 jobs and $225,000 was used to fund payroll.

General recreation inc is Existing or more than 2 years old

PPP Loan Search / PA / Newtown Square / General recreation inc

GENERAL RECREATION INC

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

GENERAL RECREATION INC

Borrower Address

25 Reese Ave

Borrower City

Newtown Square

Borrower State

PA

Borrower Zip

19073-4011

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newtown Square

Project County Name

DELAWARE

Project State

PA

Project Zip

19073-4011

CD

PA-05

Jobs Reported

10

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

Subchapter S Corporation

Originating Lender Location Id

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226128.08

Forgiveness Date

08/04/2021

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