PPP Loan information for The orchards corporation

$273,605

The orchards corporation was initially approved for PPP Loan of amount $273,605, the current approved amount is $273,605. The loan was approved on 01/27/2021 by The Farmers and Merchants Trust Company of Chambersburg reported 30 jobs and $273,605 was used to fund payroll.

The orchards corporation is Existing or more than 2 years old

THE ORCHARDS CORPORATION

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

THE ORCHARDS CORPORATION

Borrower Address

1580 Orchard Dr

Borrower City

Chambersburg

Borrower State

PA

Borrower Zip

17201-4811

Loan Status Date

06/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273604.98

Current Approval Amount

273604.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chambersburg

Project County Name

FRANKLIN

Project State

PA

Project Zip

17201-4811

CD

PA-13

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

273600.98

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

Corporation

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277230.25

Forgiveness Date

05/23/2022

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