PPP Loan information for Mutual beneficial association, inc

$143,800

Mutual beneficial association, inc was initially approved for PPP Loan of amount $143,800, the current approved amount is $143,800. The loan was approved on 04/28/2020 by The Meridian Bank reported 5 jobs and $143,800 was used to fund payroll.

Mutual beneficial association, inc is Existing or more than 2 years old

PPP Loan Search / PA / PAOLI / Mutual beneficial association, inc

MUTUAL BENEFICIAL ASSOCIATION, INC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MUTUAL BENEFICIAL ASSOCIATION, INC

Borrower Address

1301 Lancaster Ave, Suite 102

Borrower City

PAOLI

Borrower State

PA

Borrower Zip

19301

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143800.00

Current Approval Amount

143800.00

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

PAOLI

Project County Name

CHESTER

Project State

PA

Project Zip

19301-0001

CD

PA-06

Jobs Reported

5

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143800.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145371.95

Forgiveness Date

06/11/2021

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