PPP Loan information for Penn square partners

$2,000,000

Penn square partners was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The Fulton Bank, National Association reported 136 jobs and $2,000,000 was used to fund payroll.

Penn square partners is Existing or more than 2 years old

PENN SQUARE PARTNERS

Date Approved

03/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PENN SQUARE PARTNERS

Borrower Address

25 S Queen St Null

Borrower City

Lancaster

Borrower State

PA

Borrower Zip

17603-3918

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

PA

Project Zip

17603-3918

CD

PA-11

Jobs Reported

136

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Partnership

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015506.85

Forgiveness Date

01/04/2022

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