PPP Loan information for Evaporated coatings inc

$508,500

Evaporated coatings inc was initially approved for PPP Loan of amount $508,500, the current approved amount is $508,500. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 45 jobs and $508,500 was used to fund payroll.

Evaporated coatings inc is Existing or more than 2 years old

EVAPORATED COATINGS INC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

EVAPORATED COATINGS INC

Borrower Address

2365 Maryland Road

Borrower City

Willow Grove

Borrower State

PA

Borrower Zip

19090

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508500.00

Current Approval Amount

508500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Willow Grove

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19090-0001

CD

PA-04

Jobs Reported

45

NAICS Code

333314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508500.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512693.38

Forgiveness Date

03/05/2021

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