PPP Loan information for Bala nursing and retirement center

$1,415,442

Bala nursing and retirement center was initially approved for PPP Loan of amount $1,415,442, the current approved amount is $1,415,442. The loan was approved on 02/13/2021 by The Manufacturers and Traders Trust Company reported 156 jobs and $1,415,442 was used to fund payroll.

Bala nursing and retirement center is Existing or more than 2 years old

BALA NURSING AND RETIREMENT CENTER

Date Approved

02/13/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

BALA NURSING AND RETIREMENT CENTER

Borrower Address

4001 Ford Rd

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19131-2833

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1415442.00

Current Approval Amount

1415442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19131-2833

CD

PA-03

Jobs Reported

156

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1415436.00

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

Partnership

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1428743.28

Forgiveness Date

01/28/2022

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