PPP Loan information for Red lion cleaners and tailors

$26,578

Red lion cleaners and tailors was initially approved for PPP Loan of amount $26,578, the current approved amount is $26,578. The loan was approved on 02/09/2021 by The Thread Bank reported 2 jobs and $26,578 was used to fund payroll.

Red lion cleaners and tailors is Existing or more than 2 years old

RED LION CLEANERS AND TAILORS

Date Approved

02/09/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

RED LION CLEANERS AND TAILORS

Borrower Address

1009 W County Line Rd

Borrower City

Hatboro

Borrower State

PA

Borrower Zip

19040-1002

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26577.50

Current Approval Amount

26577.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68859

Servicing Lender Name

Thread Bank

Servicing Lender Address

210 E Main St

Servicing Lender City

ROGERSVILLE

Servicing Lender State

TN

Servicing Lender Zip

37857-3312

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hatboro

Project County Name

BUCKS

Project State

PA

Project Zip

19040-1002

CD

PA-01

Jobs Reported

2

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

26574.50

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

Subchapter S Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26932.84

Forgiveness Date

06/14/2022

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