PPP Loan information for Slowdown inc

$55,400

Slowdown inc was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 04/15/2020 by The Customers Bank reported 17 jobs and $55,400 was used to fund payroll.

Slowdown inc is Existing or more than 2 years old

SLOWDOWN INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SLOWDOWN INC

Borrower Address

4700 Pennell Road

Borrower City

Aston

Borrower State

PA

Borrower Zip

19014

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aston

Project County Name

DELAWARE

Project State

PA

Project Zip

19014-0001

CD

PA-05

Jobs Reported

17

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55400.00

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

Cooperative

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55929.72

Forgiveness Date

04/22/2021

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