PPP Loan information for Eastern rail systems, inc.

$33,117

Eastern rail systems, inc. was initially approved for PPP Loan of amount $33,117, the current approved amount is $33,117. The loan was approved on 04/16/2020 by The The First National Bank and Trust Company of Newtown reported 4 jobs and $33,117 was used to fund payroll.

Eastern rail systems, inc. is Existing or more than 2 years old

PPP Loan Search / PA / BRISTOL / Eastern rail systems, inc.

EASTERN RAIL SYSTEMS, INC.

Date Approved

04/16/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

EASTERN RAIL SYSTEMS, INC.

Borrower Address

2014 FORD RD, UNIT G

Borrower City

BRISTOL

Borrower State

PA

Borrower Zip

19007-6743

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33117.00

Current Approval Amount

33117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61158

Servicing Lender Name

The First National Bank and Trust Company of Newtown

Servicing Lender Address

40 S State St

Servicing Lender City

NEWTOWN

Servicing Lender State

PA

Servicing Lender Zip

18940-1953

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BUCKS

Project State

PA

Project Zip

19007-6743

CD

PA-01

Jobs Reported

4

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3312.00

Payroll Proceed

26493.00

Mortgage Interest Proceed

3312.00

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

61158

Originating Lender

The First National Bank and Trust Company of Newtown

Originating Lender City

NEWTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

29260.59

Forgiveness Date

10/15/2020

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