PPP Loan information for Phillips mushroom farms inc

$812,249

Phillips mushroom farms inc was initially approved for PPP Loan of amount $812,249, the current approved amount is $812,249. The loan was approved on 04/28/2020 by The Fulton Bank, National Association reported 55 jobs and $812,249 was used to fund payroll.

Phillips mushroom farms inc is Existing or more than 2 years old

PHILLIPS MUSHROOM FARMS INC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PHILLIPS MUSHROOM FARMS INC

Borrower Address

PO Box 190

Borrower City

Kennett Square

Borrower State

PA

Borrower Zip

19348

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

812249.00

Current Approval Amount

812249.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Kennett Square

Project County Name

CHESTER

Project State

PA

Project Zip

19348-0001

CD

PA-06

Jobs Reported

55

NAICS Code

111411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

203062.25

Payroll Proceed

609186.75

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

Corporation

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

821454.49

Forgiveness Date

06/11/2021

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