# PPP loan: EAGLE WOLFINGTON LEASING CORPORATION
> **$1.14M** approved 04/14/2020 · Exemption 4 · Loan `5881467103`
## Borrower
- **Name:** EAGLE WOLFINGTON LEASING CORPORATION
- **Address:** 30 Pottstown Pike, CHESTER SPRINGS, PA, 19425
- **NAICS:** 532120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $556K (49%)
- **Forgiveness date:** 08/23/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $976K
- **Rent:** $15K
- **Mortgage interest:** $124K
- **Utilities:** $21K
- **Jobs reported:** 210
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*