PPP Loan information for The velvet shoestring

$90,737

The velvet shoestring was initially approved for PPP Loan of amount $107,500, the current approved amount is $90,737. The loan was approved on 04/15/2020 by The Republic First Bank d/b/a Republic Bank reported 7 jobs and $90,737 was used to fund payroll.

The velvet shoestring is Existing or more than 2 years old

THE VELVET SHOESTRING

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE VELVET SHOESTRING

Borrower Address

155 E Lancaster Avenue

Borrower City

Wayne

Borrower State

PA

Borrower Zip

19087

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

90737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

DELAWARE

Project State

PA

Project Zip

19087-0001

CD

PA-06

Jobs Reported

7

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90737.00

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

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91574.76

Forgiveness Date

04/19/2021

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