PPP Loan information for Aero motors inc

$216,100

Aero motors inc was initially approved for PPP Loan of amount $216,100, the current approved amount is $216,100. The loan was approved on 04/28/2020 by The First National Bank of Pennsylvania reported 13 jobs and $216,100 was used to fund payroll.

Aero motors inc is Existing or more than 2 years old

AERO MOTORS INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AERO MOTORS INC

Borrower Address

50 EASTERN BLVD

Borrower City

ESSEX

Borrower State

MD

Borrower Zip

21221-7054

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216100.00

Current Approval Amount

216100.00

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

ESSEX

Project County Name

BALTIMORE

Project State

MD

Project Zip

21221-7019

CD

MD-02

Jobs Reported

13

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216100.00

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

217630.71

Forgiveness Date

01/20/2021

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