PPP Loan information for Professional law association

$85,700

Professional law association was initially approved for PPP Loan of amount $85,700, the current approved amount is $85,700. The loan was approved on 02/03/2021 by The Ambler Savings Bank reported 4 jobs and $85,700 was used to fund payroll.

Professional law association is Existing or more than 2 years old

PROFESSIONAL LAW ASSOCIATION

Date Approved

02/03/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PROFESSIONAL LAW ASSOCIATION

Borrower Address

21 W Airy St

Borrower City

Norristown

Borrower State

PA

Borrower Zip

19401-4703

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85700.00

Current Approval Amount

85700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80047

Servicing Lender Name

Ambler Savings Bank

Servicing Lender Address

155 E Butler Ave

Servicing Lender City

AMBLER

Servicing Lender State

PA

Servicing Lender Zip

19002-4425

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norristown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19401-4703

CD

PA-05

Jobs Reported

4

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

85698.00

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

80047

Originating Lender

Ambler Savings Bank

Originating Lender City

AMBLER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86108.54

Forgiveness Date

08/03/2021

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