PPP Loan information for Applied energy systems inc.

$1,036,505

Applied energy systems inc. was initially approved for PPP Loan of amount $1,036,505, the current approved amount is $1,036,505. The loan was approved on 04/28/2020 by The Tioga-Franklin Savings Bank reported 64 jobs and $1,036,505 was used to fund payroll.

Applied energy systems inc. is Existing or more than 2 years old

APPLIED ENERGY SYSTEMS INC.

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

APPLIED ENERGY SYSTEMS INC.

Borrower Address

180 Quaker Lane

Borrower City

MALVERN

Borrower State

PA

Borrower Zip

19355-2479

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1036505.00

Current Approval Amount

1036505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89131

Servicing Lender Name

Tioga-Franklin Savings Bank

Servicing Lender Address

320 E Girard Ave

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19125-3931

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

CHESTER

Project State

PA

Project Zip

19355-2479

CD

PA-06

Jobs Reported

64

NAICS Code

221210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1036505.00

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

Corporation

Originating Lender Location Id

89131

Originating Lender

Tioga-Franklin Savings Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1047964.14

Forgiveness Date

06/11/2021

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