PPP Loan information for Collabrus inc

$1,566,000

Collabrus inc was initially approved for PPP Loan of amount $1,566,000, the current approved amount is $1,566,000. The loan was approved on 04/15/2020 by The Cadence Bank reported 62 jobs and $1,566,000 was used to fund payroll.

Collabrus inc is Existing or more than 2 years old

COLLABRUS INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

COLLABRUS INC

Borrower Address

1255 DRUMMERS LN

Borrower City

WAYNE

Borrower State

PA

Borrower Zip

19087-1500

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1566000.00

Current Approval Amount

1566000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

CHESTER

Project State

PA

Project Zip

19087-1500

CD

PA-06

Jobs Reported

62

NAICS Code

562998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1381212.00

Mortgage Interest Proceed

184788.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1583530.50

Forgiveness Date

06/11/2021

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