PPP Loan information for Recreational development corporation

$97,600

Recreational development corporation was initially approved for PPP Loan of amount $97,600, the current approved amount is $97,600. The loan was approved on 04/27/2020 by The Univest Bank and Trust Co. reported 269 jobs and $97,600 was used to fund payroll.

Recreational development corporation is Existing or more than 2 years old

PPP Loan Search / PA / Blue Bell / Recreational development corporation

RECREATIONAL DEVELOPMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

RECREATIONAL DEVELOPMENT CORPORATION

Borrower Address

1702 Yost Rd.

Borrower City

Blue Bell

Borrower State

PA

Borrower Zip

19422

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97600.00

Current Approval Amount

97600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blue Bell

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19422-0001

CD

PA-04

Jobs Reported

269

NAICS Code

611620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97600.00

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

Corporation

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98787.24

Forgiveness Date

07/26/2021

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