PPP Loan information for Loanability, inc.

$118,596

Loanability, inc. was initially approved for PPP Loan of amount $118,596, the current approved amount is $118,596. The loan was approved on 06/09/2020 by The Celtic Bank Corporation reported 15 jobs and $118,596 was used to fund payroll.

Loanability, inc. is Existing or more than 2 years old

LOANABILITY, INC.

Date Approved

06/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LOANABILITY, INC.

Borrower Address

610 York Road

Borrower City

Jenkintown

Borrower State

PA

Borrower Zip

19046-2837

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118596.00

Current Approval Amount

118596.00

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

15

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14824.50

Payroll Proceed

88947.00

Mortgage Interest Proceed

0.00

Rent Proceed

14824.50

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

119817.70

Forgiveness Date

06/22/2021

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