PPP Loan information for Balatel communications, inc.

$170,613

Balatel communications, inc. was initially approved for PPP Loan of amount $170,613, the current approved amount is $170,613. The loan was approved on 06/09/2020 by The Customers Bank reported 12 jobs and $170,613 was used to fund payroll.

Balatel communications, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Bala Cynwyd / Balatel communications, inc.

BALATEL COMMUNICATIONS, INC.

Date Approved

06/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BALATEL COMMUNICATIONS, INC.

Borrower Address

29 Bala Ave. Suite 108

Borrower City

Bala Cynwyd

Borrower State

PA

Borrower Zip

19004

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170613.00

Current Approval Amount

170613.00

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

Bala Cynwyd

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19004-0001

CD

PA-04

Jobs Reported

12

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170613.00

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

Corporation

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

173197.90

Forgiveness Date

12/29/2021

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