PPP Loan information for Loanability inc.

$87,857

Loanability inc. was initially approved for PPP Loan of amount $87,857, the current approved amount is $87,857. The loan was approved on 01/23/2021 by The Celtic Bank Corporation reported 7 jobs and $87,857 was used to fund payroll.

Loanability inc. is Existing or more than 2 years old

LOANABILITY INC.

Date Approved

01/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

LOANABILITY INC.

Borrower Address

610 York Rd

Borrower City

Jenkintown

Borrower State

PA

Borrower Zip

19046-2837

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87857.00

Current Approval Amount

87857.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jenkintown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19046-2837

CD

PA-04

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87855.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88403.40

Forgiveness Date

09/08/2021

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