PPP Loan information for Lower merion tire & service inc.

$80,800

Lower merion tire & service inc. was initially approved for PPP Loan of amount $99,300, the current approved amount is $80,800. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 8 jobs and $80,800 was used to fund payroll.

Lower merion tire & service inc. is Existing or more than 2 years old

LOWER MERION TIRE & SERVICE INC.

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LOWER MERION TIRE & SERVICE INC.

Borrower Address

208 E Lancaster Ave

Borrower City

ARDMORE

Borrower State

PA

Borrower Zip

19003-3210

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99300.00

Current Approval Amount

80800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARDMORE

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19003-3210

CD

PA-05

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80800.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81776.24

Forgiveness Date

07/02/2021

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