PPP Loan information for Backup enterprise

$38,765

Backup enterprise was initially approved for PPP Loan of amount $38,765, the current approved amount is $38,765. The loan was approved on 04/16/2021 by The Customers Bank reported 2 jobs and $38,765 was used to fund payroll.

Backup enterprise is Existing or more than 2 years old

BACKUP ENTERPRISE

Date Approved

04/16/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

BACKUP ENTERPRISE

Borrower Address

412 Bond St N/A

Borrower City

Elyria

Borrower State

OH

Borrower Zip

44035-3512

Loan Status Date

02/11/2023

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

38765.00

Current Approval Amount

38765.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elyria

Project County Name

LORAIN

Project State

OH

Project Zip

44035-3512

CD

OH-05

Jobs Reported

2

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38761.00

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

Single Member LLC

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;