PPP Loan information for Valley forge military academy foundation

$1,589,000

Valley forge military academy foundation was initially approved for PPP Loan of amount $1,589,000, the current approved amount is $1,589,000. The loan was approved on 04/09/2020 by The Wilmington Savings Fund Society, FSB reported 94 jobs and $1,589,000 was used to fund payroll.

Valley forge military academy foundation is Existing or more than 2 years old

VALLEY FORGE MILITARY ACADEMY FOUNDATION

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

VALLEY FORGE MILITARY ACADEMY FOUNDATION

Borrower Address

1001 EAGLE RD

Borrower City

WAYNE

Borrower State

PA

Borrower Zip

19087-3613

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1589000.00

Current Approval Amount

1589000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

DELAWARE

Project State

PA

Project Zip

19087-3613

CD

PA-05

Jobs Reported

94

NAICS Code

611210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

106000.00

Payroll Proceed

1437000.00

Mortgage Interest Proceed

18000.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1609461.10

Forgiveness Date

08/05/2021

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