PPP Loan information for Surplus city

$388,700

Surplus city was initially approved for PPP Loan of amount $388,750, the current approved amount is $388,700. The loan was approved on 04/28/2020 by The First Commonwealth Bank reported 80 jobs and $388,700 was used to fund payroll.

Surplus city is Existing or more than 2 years old

SURPLUS CITY

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

SURPLUS CITY

Borrower Address

2873 E. PLEASANT VALLEY BLVD

Borrower City

ALTOONA

Borrower State

PA

Borrower Zip

16601-8930

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388750.00

Current Approval Amount

388700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTOONA

Project County Name

BLAIR

Project State

PA

Project Zip

16601-8930

CD

PA-13

Jobs Reported

80

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15700.00

Payroll Proceed

343000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

373760.00

Forgiveness Date

11/23/2020

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