PPP Loan information for Load rite corp

$1,148,500

Load rite corp was initially approved for PPP Loan of amount $1,148,500, the current approved amount is $1,148,500. The loan was approved on 04/10/2020 by The First National Bank of Pennsylvania reported 91 jobs and $1,148,500 was used to fund payroll.

Load rite corp is Existing or more than 2 years old

LOAD RITE CORP

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LOAD RITE CORP

Borrower Address

265 LINCOLN HIGHWAY

Borrower City

FAIRLESS HILLS

Borrower State

PA

Borrower Zip

19030-1104

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1148500.00

Current Approval Amount

1148500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRLESS HILLS

Project County Name

BUCKS

Project State

PA

Project Zip

19030-1104

CD

PA-01

Jobs Reported

91

NAICS Code

561499

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1148500.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1155837.64

Forgiveness Date

12/09/2020

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