PPP Loan information for Advanced welding technologies inc

$293,062

Advanced welding technologies inc was initially approved for PPP Loan of amount $293,062, the current approved amount is $293,062. The loan was approved on 02/26/2021 by The First National Bank of Pennsylvania reported 20 jobs and $293,062 was used to fund payroll.

Advanced welding technologies inc is Existing or more than 2 years old

ADVANCED WELDING TECHNOLOGIES INC

Date Approved

02/26/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

ADVANCED WELDING TECHNOLOGIES INC

Borrower Address

3110 Pearl Ave

Borrower City

Erie

Borrower State

PA

Borrower Zip

16510-1646

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

293062.00

Current Approval Amount

293062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Erie

Project County Name

ERIE

Project State

PA

Project Zip

16510-1646

CD

PA-16

Jobs Reported

20

NAICS Code

336510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

293059.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

296684.57

Forgiveness Date

06/06/2022

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