Hobbs & Towne, Inc.

$658,600 PPP Loan in Valley Forge, Pennsylvania

Loan Details

Loan Number
5757557109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$658,600
Current Approval
$658,600
Forgiveness Amount
$662,425
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hobbs & Towne, Inc.
Address
Pmb 269, Po Box 987
ZIP Code
19482
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$493,950
Rent
$98,790
Utilities
$32,930
Debt Interest
$32,930

Lender Information

Servicing Lender
Meridian Bank
Originating Lender
Meridian Bank

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