PPP Loan information for Newtown raquetball inc. dba newtown athletic club

$1,253,200

Newtown raquetball inc. dba newtown athletic club was initially approved for PPP Loan of amount $1,253,200, the current approved amount is $1,253,200. The loan was approved on 02/12/2021 by The Mid Penn Bank reported 202 jobs and $1,253,200 was used to fund payroll.

Newtown raquetball inc. dba newtown athletic club is Existing or more than 2 years old

NEWTOWN RAQUETBALL INC. DBA NEWTOWN ATHLETIC CLUB

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

NEWTOWN RAQUETBALL INC. DBA NEWTOWN ATHLETIC CLUB

Borrower Address

120 Pheasant Run

Borrower City

Newtown

Borrower State

PA

Borrower Zip

18940-1821

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1253200.00

Current Approval Amount

1253200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newtown

Project County Name

BUCKS

Project State

PA

Project Zip

18940-1821

CD

PA-01

Jobs Reported

202

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1253200.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1265766.81

Forgiveness Date

02/22/2022

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