PPP Loan information for Whitemarsh continuing care retirement community

$2,620,000

Whitemarsh continuing care retirement community was initially approved for PPP Loan of amount $2,620,000, the current approved amount is $2,620,000. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 308 jobs and $2,620,000 was used to fund payroll.

Whitemarsh continuing care retirement community is New Business or 2 years or less

WHITEMARSH CONTINUING CARE RETIREMENT COMMUNITY

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WHITEMARSH CONTINUING CARE RETIREMENT COMMUNITY

Borrower Address

4000 FOXHOUND DR

Borrower City

LAFAYETTE HILL

Borrower State

PA

Borrower Zip

19444-1014

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2620000.00

Current Approval Amount

2620000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAFAYETTE HILL

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19444-1014

CD

PA-04

Jobs Reported

308

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2620000.00

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

2650004.38

Forgiveness Date

06/14/2021

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