PPP Loan information for The lorelton foundation

$619,232

The lorelton foundation was initially approved for PPP Loan of amount $619,232, the current approved amount is $619,232. The loan was approved on 04/08/2020 by The Wilmington Savings Fund Society, FSB reported 97 jobs and $619,232 was used to fund payroll.

The lorelton foundation is Existing or more than 2 years old

THE LORELTON FOUNDATION

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE LORELTON FOUNDATION

Borrower Address

2200 W 4th Street

Borrower City

WILMINGTON

Borrower State

DE

Borrower Zip

19805-3300

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

619232.00

Current Approval Amount

619232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19805-3300

CD

DE-

Jobs Reported

97

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

619232.00

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

Non-Profit Organization

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

622845.60

Forgiveness Date

11/23/2020

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