PPP Loan information for South mountain memory care, llc

$176,700

South mountain memory care, llc was initially approved for PPP Loan of amount $176,700, the current approved amount is $176,700. The loan was approved on 04/04/2020 by The American Bank reported 37 jobs and $176,700 was used to fund payroll.

South mountain memory care, llc is Existing or more than 2 years old

SOUTH MOUNTAIN MEMORY CARE, LLC

Date Approved

04/04/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SOUTH MOUNTAIN MEMORY CARE, LLC

Borrower Address

201 S 7th St

Borrower City

EMMAUS

Borrower State

PA

Borrower Zip

18049-3739

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176700.00

Current Approval Amount

176700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EMMAUS

Project County Name

LEHIGH

Project State

PA

Project Zip

18049-3739

CD

PA-07

Jobs Reported

37

NAICS Code

623312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177701.30

Forgiveness Date

11/05/2020

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