PPP Loan information for Potential inc.

$467,100

Potential inc. was initially approved for PPP Loan of amount $467,100, the current approved amount is $467,100. The loan was approved on 04/05/2020 by The Mid Penn Bank reported 78 jobs and $467,100 was used to fund payroll.

Potential inc. is Existing or more than 2 years old

PPP Loan Search / PA / NEWTOWN / Potential inc.

POTENTIAL INC.

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

POTENTIAL INC.

Borrower Address

170 PHEASANT RUN

Borrower City

NEWTOWN

Borrower State

PA

Borrower Zip

18940-1821

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

467100.00

Current Approval Amount

467100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

18940-1821

CD

PA-01

Jobs Reported

78

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

467100.00

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

Non-Profit Organization

Originating Lender Location Id

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

469733.93

Forgiveness Date

11/03/2020

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