PPP Loan information for Bianchi motors inc

$1,501,100

Bianchi motors inc was initially approved for PPP Loan of amount $1,501,100, the current approved amount is $1,501,100. The loan was approved on 04/07/2020 by The PNC Bank, National Association reported 125 jobs and $1,501,100 was used to fund payroll.

Bianchi motors inc is Existing or more than 2 years old

PPP Loan Search / PA / ERIE / Bianchi motors inc

BIANCHI MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

BIANCHI MOTORS INC

Borrower Address

8430 Peach Street

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16509-4719

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1501100.00

Current Approval Amount

1501100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16509-4719

CD

PA-16

Jobs Reported

125

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1501100.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1319679.62

Forgiveness Date

09/20/2021

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