| Lender's Name | Lender's Address | Amount Borrowed | Use of Borrowed Funds | Election Statement |
|---|---|---|---|---|
|
CONSUMER |
201 E FAIRVIEW APT 204 CONNELLSVILLE,PA15425 |
The private foundation elects to treat repayments of loan principal as qualifying distributions. |
| Item No. | 1 |
|---|---|
| Lender's Name | SBA |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BEACON HEALTH | 18,600 | |||
| SBA LOAN | 38,007 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| IRS OVER PAYMENT | 711 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| UPMC HEALTH PLAN | 677,673 | 677,673 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FED TAXES | 29,568 | |||
| LOCAL TAX | 5,683 | |||
| MEDICARE | 7,918 | |||
| SOC SEC TAX | 33,857 | |||
| STATE INCOME | 16,766 |