PPP Loan information for People's light

$619,416

People's light was initially approved for PPP Loan of amount $619,416, the current approved amount is $619,416. The loan was approved on 03/23/2021 by The Customers Bank reported 45 jobs and $619,416 was used to fund payroll.

People's light is Existing or more than 2 years old

PEOPLE'S LIGHT

Date Approved

03/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PEOPLE'S LIGHT

Borrower Address

39 Conestoga Rd N/A

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355-1706

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

619416.00

Current Approval Amount

619416.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-1706

CD

PA-06

Jobs Reported

45

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

619412.00

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

501(c)3 – Non Profit

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

624897.41

Forgiveness Date

02/23/2022

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