ACG OSTMAN RESTAURANT VENTURES LLC (PA) - 2020 PPP Loan Borrower Profile (# 3970497104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACG OSTMAN RESTAURANT VENTURES LLC. 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

3970497104

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$20,500

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$20,642.66

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

100

Payroll Proced

15,400

Rent Proceed

5,000

Lender

Meridian Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531120

Borrower Location

PHILADELPHIA, PA

Project Location

PHILADELPHIA, PA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.