Community Welfare Council of Newtown INC

$1,000,000 PPP Loan in Newtown, Pennsylvania

Loan Details

Loan Number
3672947208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,000,000
Current Approval
$1,000,000
Forgiveness Amount
$1,012,247
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Community Welfare Council of Newtown INC
Address
226 N Lincoln Ave
ZIP Code
18940-2216
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$800,000
Utilities
$100,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
The First National Bank and Trust Company of Newtown
Originating Lender
The First National Bank and Trust Company of Newtown

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