PPP Loan information for Petals inc

$39,545

Petals inc was initially approved for PPP Loan of amount $39,545, the current approved amount is $39,545. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 8 jobs and $39,545 was used to fund payroll.

Petals inc is Existing or more than 2 years old

PETALS INC

Date Approved

02/22/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

PETALS INC

Borrower Address

4 W Rockland Rd

Borrower City

Montchanin

Borrower State

DE

Borrower Zip

19710-2008

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39545.00

Current Approval Amount

39545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montchanin

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19710-2008

CD

DE-

Jobs Reported

8

NAICS Code

453110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39542.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40027.12

Forgiveness Date

05/18/2022

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