PPP Loan information for Allied electronics inc

$394,561

Allied electronics inc was initially approved for PPP Loan of amount $394,600, the current approved amount is $394,561. The loan was approved on 04/14/2020 by The Truist Bank reported 25 jobs and $394,561 was used to fund payroll.

Allied electronics inc is Existing or more than 2 years old

ALLIED ELECTRONICS INC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ALLIED ELECTRONICS INC

Borrower Address

1414 Radcliffe St Ste 120

Borrower City

BRISTOL

Borrower State

PA

Borrower Zip

19007

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394600.00

Current Approval Amount

394560.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BUCKS

Project State

PA

Project Zip

19007-0001

CD

PA-01

Jobs Reported

25

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

394560.78

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398298.15

Forgiveness Date

03/31/2021

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