PPP Loan information for Franklin co area development corp

$88,160

Franklin co area development corp was initially approved for PPP Loan of amount $88,160, the current approved amount is $88,160. The loan was approved on 01/21/2021 by The Orrstown Bank reported 4 jobs and $88,160 was used to fund payroll.

Franklin co area development corp is Existing or more than 2 years old

PPP Loan Search / PA / Chambersburg / Franklin co area development corp

FRANKLIN CO AREA DEVELOPMENT CORP

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FRANKLIN CO AREA DEVELOPMENT CORP

Borrower Address

1900 Wayne Rd

Borrower City

Chambersburg

Borrower State

PA

Borrower Zip

17202-8836

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88160.00

Current Approval Amount

88160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

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

17202-8836

CD

PA-13

Jobs Reported

4

NAICS Code

926110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88160.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

88693.79

Forgiveness Date

09/08/2021

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