Carousel Farm's Educational Center, Inc.

$257,200 PPP Loan in Warminster, Pennsylvania

Loan Details

Loan Number
5705387104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$257,200
Current Approval
$257,200
Forgiveness Amount
$260,272
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carousel Farm's Educational Center, Inc.
Address
226 Grenoble Road Ivyland
ZIP Code
18974
Business Type
Corporation
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$213,584
Rent
$36,000
Utilities
$6,141
Debt Interest
$1,475

Lender Information

Servicing Lender
Meridian Bank
Originating Lender
Meridian Bank

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