PPP Loan information for Towne restaurant of telford, inc.

$293,577

Towne restaurant of telford, inc. was initially approved for PPP Loan of amount $293,577, the current approved amount is $293,577. The loan was approved on 01/25/2021 by The QNB Bank reported 36 jobs and $293,577 was used to fund payroll.

Towne restaurant of telford, inc. is Existing or more than 2 years old

TOWNE RESTAURANT OF TELFORD, INC.

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

293577.00

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

PA

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

Souderton

Project County Name

MONTGOMERY

Project State

PA

Project Zip

18964-2109

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

296794.28

Forgiveness Date

03/14/2022

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