PPP Loan information for Economy furnace co inc

$90,100

Economy furnace co inc was initially approved for PPP Loan of amount $90,100, the current approved amount is $90,100. The loan was approved on 04/05/2020 by The Somerset Trust Company reported 12 jobs and $90,100 was used to fund payroll.

Economy furnace co inc is Existing or more than 2 years old

ECONOMY FURNACE CO INC

Date Approved

04/05/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ECONOMY FURNACE CO INC

Borrower Address

274 N Gallatin Ave

Borrower City

UNIONTOWN

Borrower State

PA

Borrower Zip

15401-2903

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90100.00

Current Approval Amount

90100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

UNIONTOWN

Project County Name

FAYETTE

Project State

PA

Project Zip

15401-2903

CD

PA-14

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90100.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90924.48

Forgiveness Date

03/19/2021

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