PPP Loan information for Down east acquisition company

$298,952

Down east acquisition company was initially approved for PPP Loan of amount $298,952, the current approved amount is $298,952. The loan was approved on 04/09/2020 by The First Commonwealth Bank reported 27 jobs and $298,952 was used to fund payroll.

Down east acquisition company is Existing or more than 2 years old

PPP Loan Search / PA / MECHANICSBURG / Down east acquisition company

DOWN EAST ACQUISITION COMPANY

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DOWN EAST ACQUISITION COMPANY

Borrower Address

215 Salem Church rd

Borrower City

MECHANICSBURG

Borrower State

PA

Borrower Zip

17050-2874

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298952.00

Current Approval Amount

298952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSBURG

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17050-2874

CD

PA-10

Jobs Reported

27

NAICS Code

337110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298952.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301532.00

Forgiveness Date

02/24/2021

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