PPP Loan information for The 5th element consortium

$12,677

The 5th element consortium was initially approved for PPP Loan of amount $12,677, the current approved amount is $12,677. The loan was approved on 01/29/2021 by The The First National Bank and Trust Company of Newtown reported 1 jobs and $12,677 was used to fund payroll.

The 5th element consortium is Existing or more than 2 years old

PPP Loan Search / PA / New Hope / The 5th element consortium

THE 5TH ELEMENT CONSORTIUM

Date Approved

01/29/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

THE 5TH ELEMENT CONSORTIUM

Borrower Address

13 High Rd

Borrower City

New Hope

Borrower State

PA

Borrower Zip

18938-1109

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12677.00

Current Approval Amount

12677.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61158

Servicing Lender Name

The First National Bank and Trust Company of Newtown

Servicing Lender Address

40 S State St

Servicing Lender City

NEWTOWN

Servicing Lender State

PA

Servicing Lender Zip

18940-1953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hope

Project County Name

BUCKS

Project State

PA

Project Zip

18938-1109

CD

PA-01

Jobs Reported

1

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12677.00

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

61158

Originating Lender

The First National Bank and Trust Company of Newtown

Originating Lender City

NEWTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12783.97

Forgiveness Date

12/08/2021

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