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