PPP Loan information for Fab tec industries inc

$529,400

Fab tec industries inc was initially approved for PPP Loan of amount $529,400, the current approved amount is $529,400. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 36 jobs and $529,400 was used to fund payroll.

Fab tec industries inc is Existing or more than 2 years old

FAB TEC INDUSTRIES INC

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

FAB TEC INDUSTRIES INC

Borrower Address

3500 UNIVERSITY BLVD

Borrower City

CORAOPOLIS

Borrower State

PA

Borrower Zip

15108-4250

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529400.00

Current Approval Amount

529400.00

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

CORAOPOLIS

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15108-4250

CD

PA-17

Jobs Reported

36

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

529400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

533326.38

Forgiveness Date

01/12/2021

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