PPP Loan information for Audio video concepts

$74,300

Audio video concepts was initially approved for PPP Loan of amount $74,300, the current approved amount is $74,300. The loan was approved on 04/08/2020 by The Meridian Bank reported 5 jobs and $74,300 was used to fund payroll.

Audio video concepts is New Business or 2 years or less

AUDIO VIDEO CONCEPTS

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

AUDIO VIDEO CONCEPTS

Borrower Address

129 North York Street

Borrower City

POTTSTOWN

Borrower State

PA

Borrower Zip

19464-5424

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74300.00

Current Approval Amount

74300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

POTTSTOWN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19464-5424

CD

PA-04

Jobs Reported

5

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

66800.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68750.97

Forgiveness Date

12/15/2020

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