PPP Loan information for Wisdom restaurant group

$228,246

Wisdom restaurant group was initially approved for PPP Loan of amount $228,246, the current approved amount is $228,246. The loan was approved on 01/25/2021 by The Embassy Bank for the Lehigh Valley reported 40 jobs and $228,246 was used to fund payroll.

Wisdom restaurant group is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Wisdom restaurant group

WISDOM RESTAURANT GROUP

Date Approved

01/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

WISDOM RESTAURANT GROUP

Borrower Address

5036 Hamilton Blvd

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18106-9188

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228245.50

Current Approval Amount

228245.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

243892

Servicing Lender Name

Embassy Bank for the Lehigh Valley

Servicing Lender Address

100 Gateway Dr

Servicing Lender City

BETHLEHEM

Servicing Lender State

PA

Servicing Lender Zip

18017-9417

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18106-9188

CD

PA-07

Jobs Reported

40

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

228242.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

243892

Originating Lender

Embassy Bank for the Lehigh Valley

Originating Lender City

BETHLEHEM

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230198.27

Forgiveness Date

12/14/2021

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