PPP Loan information for Avalotis corp

$2,000,000

Avalotis corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The PNC Bank, National Association reported 138 jobs and $2,000,000 was used to fund payroll.

Avalotis corp is Existing or more than 2 years old

PPP Loan Search / PA / Verona / Avalotis corp

AVALOTIS CORP

Date Approved

02/04/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

AVALOTIS CORP

Borrower Address

400 Jones St

Borrower City

Verona

Borrower State

PA

Borrower Zip

15147-1023

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Verona

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15147-1023

CD

PA-17

Jobs Reported

138

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019777.78

Forgiveness Date

02/02/2022

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