Art of Business, Inc.

$803,820 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
9436157104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$803,820
Current Approval
$803,820
Forgiveness Amount
$813,180
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Art of Business, Inc.
Address
345 Morgantown Road
ZIP Code
19611
Business Type
Corporation
Industry (NAICS)
Retail Trade (446120)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$702,190
Rent
$26,630
Utilities
$5,000
Health Care
$70,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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