PPP Loan information for Fallon electric co inc

$417,500

Fallon electric co inc was initially approved for PPP Loan of amount $417,500, the current approved amount is $417,500. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 30 jobs and $417,500 was used to fund payroll.

Fallon electric co inc is Existing or more than 2 years old

PPP Loan Search / PA / PITTSBURGH / Fallon electric co inc

FALLON ELECTRIC CO INC

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

FALLON ELECTRIC CO INC

Borrower Address

875 SLEEPY HOLLOW RD

Borrower City

PITTSBURGH

Borrower State

PA

Borrower Zip

15234-2219

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417500.00

Current Approval Amount

417500.00

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

PITTSBURGH

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15234-2219

CD

PA-17

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

417500.00

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

422034.51

Forgiveness Date

05/18/2021

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