PPP Loan information for Component repair technologies inc

$8,079,500

Component repair technologies inc was initially approved for PPP Loan of amount $8,079,500, the current approved amount is $8,079,500. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 250 jobs and $8,079,500 was used to fund payroll.

Component repair technologies inc is Existing or more than 2 years old

COMPONENT REPAIR TECHNOLOGIES INC

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

COMPONENT REPAIR TECHNOLOGIES INC

Borrower Address

8507 TYLER BLVD

Borrower City

MENTOR

Borrower State

OH

Borrower Zip

44060-4231

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8079500.00

Current Approval Amount

8079500.00

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

MENTOR

Project County Name

LAKE

Project State

OH

Project Zip

44060-4231

CD

OH-14

Jobs Reported

250

NAICS Code

488190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8079500.00

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

7777366.79

Forgiveness Date

07/29/2021

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