PPP Loan information for American radio inc

$385,300

American radio inc was initially approved for PPP Loan of amount $385,300, the current approved amount is $385,300. The loan was approved on 04/13/2020 by The Customers Bank reported 50 jobs and $385,300 was used to fund payroll.

American radio inc is Existing or more than 2 years old

AMERICAN RADIO INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMERICAN RADIO INC

Borrower Address

3080 Northfield Place, Suite 118

Borrower City

Roswell

Borrower State

GA

Borrower Zip

30076

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385300.00

Current Approval Amount

385300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roswell

Project County Name

FULTON

Project State

GA

Project Zip

30076-0001

CD

GA-06

Jobs Reported

50

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385300.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323353.51

Forgiveness Date

06/14/2021

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