PPP Loan information for Philadelphia motors llc

$724,730

Philadelphia motors llc was initially approved for PPP Loan of amount $724,730, the current approved amount is $724,730. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 53 jobs and $724,730 was used to fund payroll.

Philadelphia motors llc is Existing or more than 2 years old

PHILADELPHIA MOTORS LLC

Date Approved

02/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PHILADELPHIA MOTORS LLC

Borrower Address

100 W Lancaster Ave

Borrower City

Paoli

Borrower State

PA

Borrower Zip

19301-1722

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

724730.00

Current Approval Amount

724730.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

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

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

53

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

724725.00

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

Limited Liability Company(LLC)

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

733903.29

Forgiveness Date

06/06/2022

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