PPP Loan information for Payroll & benefits administrator inc

$885,467

Payroll & benefits administrator inc was initially approved for PPP Loan of amount $885,467, the current approved amount is $885,467. The loan was approved on 04/09/2020 by The Wayne Bank reported 157 jobs and $885,467 was used to fund payroll.

Payroll & benefits administrator inc is Existing or more than 2 years old

PAYROLL & BENEFITS ADMINISTRATOR INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PAYROLL & BENEFITS ADMINISTRATOR INC

Borrower Address

58 Pittston Ave.

Borrower City

PITTSTON

Borrower State

PA

Borrower Zip

18640-3725

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

885467.00

Current Approval Amount

885467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60383

Servicing Lender Name

Wayne Bank

Servicing Lender Address

717 Main St

Servicing Lender City

HONESDALE

Servicing Lender State

PA

Servicing Lender Zip

18431-1844

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PITTSTON

Project County Name

LUZERNE

Project State

PA

Project Zip

18640-3725

CD

PA-08

Jobs Reported

157

NAICS Code

524292

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

885467.00

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

Subchapter S Corporation

Originating Lender Location Id

60383

Originating Lender

Wayne Bank

Originating Lender City

HONESDALE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

895649.87

Forgiveness Date

06/04/2021

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