PPP Loan information for Automated conveying systems

$36,870

Automated conveying systems was initially approved for PPP Loan of amount $36,870, the current approved amount is $36,870. The loan was approved on 04/06/2021 by The PNC Bank, National Association reported 2 jobs and $36,870 was used to fund payroll.

Automated conveying systems is Existing or more than 2 years old

AUTOMATED CONVEYING SYSTEMS

Date Approved

04/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

AUTOMATED CONVEYING SYSTEMS

Borrower Address

130 Penn Am Dr 130 Penn Am Dr

Borrower City

Quakertown

Borrower State

PA

Borrower Zip

18951-2403

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36870.00

Current Approval Amount

36870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Quakertown

Project County Name

BUCKS

Project State

PA

Project Zip

18951-2403

CD

PA-01

Jobs Reported

2

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36869.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37177.25

Forgiveness Date

02/03/2022

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