Date Approved
04/29/2021
SBA Office Code
0303
Processing Method
PPS
Borrower Name
PEOPLES COMMERCE INC.
Borrower Address
2626 Ridge Pike
Borrower City
Norristown
Borrower State
PA
Borrower Zip
19403-1610
Loan Status Date
01/31/2023
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
578755.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
60009
Servicing Lender Name
First Commonwealth Bank
Servicing Lender Address
600 Philadelphia St
Servicing Lender City
INDIANA
Servicing Lender State
Servicing Lender Zip
15701-3904
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
PA-04
Jobs Reported
34
NAICS Code
532112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
587460.11
Forgiveness Date
11/07/2022