The Velvet Shoestring

$107,500 PPP Loan in Wayne, Pennsylvania

Loan Details

Loan Number
8488257107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$107,500
Current Approval
$90,737
Forgiveness Amount
$91,575
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Velvet Shoestring
Address
155 E Lancaster Avenue
City
Wayne
ZIP Code
19087
Business Type
Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$90,737

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank National Association

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