PPP Loan information for Kennett square specialties, inc.

$918,000

Kennett square specialties, inc. was initially approved for PPP Loan of amount $150,144, the current approved amount is $918,000. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 62 jobs and $918,000 was used to fund payroll.

Kennett square specialties, inc. is Existing or more than 2 years old

KENNETT SQUARE SPECIALTIES, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

KENNETT SQUARE SPECIALTIES, INC.

Borrower Address

546 Creek Rd PO Box 652

Borrower City

Kennett Square

Borrower State

PA

Borrower Zip

19348

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150144.00

Current Approval Amount

918000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kennett Square

Project County Name

CHESTER

Project State

PA

Project Zip

19348-0001

CD

PA-06

Jobs Reported

62

NAICS Code

424480

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

229500.00

Payroll Proceed

688500.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

925420.50

Forgiveness Date

02/16/2021

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