Date Approved
02/06/2021
SBA Office Code
0341
Processing Method
PPS
Borrower Name
PENN SOUTH INC
Borrower Address
13 Creek Bend Ct
Borrower City
Newark
Borrower State
DE
Borrower Zip
19711-3763
Loan Status Date
03/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
46535.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEW CASTLE
Project State
Project Zip
CD
DE-
Jobs Reported
2
NAICS Code
561730
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
46534.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S 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
46991.43
Forgiveness Date
02/07/2022