PPP Loan information for La locanda inc

$315,000

La locanda inc was initially approved for PPP Loan of amount $315,000, the current approved amount is $315,000. The loan was approved on 01/27/2021 by The Meridian Bank reported 33 jobs and $315,000 was used to fund payroll.

La locanda inc is Existing or more than 2 years old

LA LOCANDA INC

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

LA LOCANDA INC

Borrower Address

4989 West Chester Pike

Borrower City

Newtown Square

Borrower State

PA

Borrower Zip

19073-2233

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315000.00

Current Approval Amount

315000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

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

19073-2233

CD

PA-05

Jobs Reported

33

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

314998.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318616.03

Forgiveness Date

04/01/2022

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