Date Approved
01/25/2021
SBA Office Code
0303
Processing Method
PPS
Borrower Name
TOWNE RESTAURANT OF TELFORD, INC.
Borrower Address
513 Allentown Rd
Borrower City
Souderton
Borrower State
PA
Borrower Zip
18964-2109
Loan Status Date
04/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
293577.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
62342
Servicing Lender Name
QNB Bank
Servicing Lender Address
15 N Third St
Servicing Lender City
QUAKERTOWN
Servicing Lender State
Servicing Lender Zip
18951-1376
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
PA-01
Jobs Reported
36
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
293572.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
296794.28
Forgiveness Date
03/14/2022