PPP Loan information for Philadelphia motors llc

$754,505

Philadelphia motors llc was initially approved for PPP Loan of amount $754,505, the current approved amount is $754,505. The loan was approved on 04/10/2020 by The Wilmington Savings Fund Society, FSB reported 51 jobs and $754,505 was used to fund payroll.

Philadelphia motors llc is Existing or more than 2 years old

PHILADELPHIA MOTORS LLC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PHILADELPHIA MOTORS LLC

Borrower Address

100 W LANCASTER AVE

Borrower City

PAOLI

Borrower State

PA

Borrower Zip

19301-1722

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

754505.00

Current Approval Amount

754505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAOLI

Project County Name

CHESTER

Project State

PA

Project Zip

19301-1722

CD

PA-06

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22000.00

Payroll Proceed

576000.00

Mortgage Interest Proceed

54505.00

Rent Proceed

102000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

760892.45

Forgiveness Date

02/25/2021

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