PPP Loan information for Park america inc

$1,617,702

Park america inc was initially approved for PPP Loan of amount $1,617,702, the current approved amount is $1,617,702. The loan was approved on 02/05/2021 by The Loan Source Incorporated reported 262 jobs and $1,617,702 was used to fund payroll.

Park america inc is Existing or more than 2 years old

PARK AMERICA INC

Date Approved

02/05/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PARK AMERICA INC

Borrower Address

1 Bala Ave Ste 500

Borrower City

Bala Cynwyd

Borrower State

PA

Borrower Zip

19004-3216

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1617702.00

Current Approval Amount

1617702.00

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

Bala Cynwyd

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19004-3216

CD

PA-04

Jobs Reported

262

NAICS Code

812930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1617699.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1630998.18

Forgiveness Date

12/14/2021

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