25 SOUTH, INC (PA) - 2020 PPP Loan Borrower Profile (# 9616487008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 25 SOUTH, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Pennsylvania.

Loan Detail

Loan Number

9616487008

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$127,857

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$128,291.52

Date Loan was Forgiven

Nov 19, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,087

Payroll Proced

102,286

Rent Proceed

19,622

Debt Interest Proceed

4,862

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

448150

Borrower Location

NEWTOWN, PA

Project Location

NEWTOWN, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.