PPP Loan information for Industrial brake company inc

$219,588

Industrial brake company inc was initially approved for PPP Loan of amount $219,588, the current approved amount is $219,588. The loan was approved on 04/28/2020 by The Mars Bank reported 12 jobs and $219,588 was used to fund payroll.

Industrial brake company inc is Existing or more than 2 years old

PPP Loan Search / PA / Mars / Industrial brake company inc

INDUSTRIAL BRAKE COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

INDUSTRIAL BRAKE COMPANY INC

Borrower Address

PO BOX 670

Borrower City

Mars

Borrower State

PA

Borrower Zip

16046-0670

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219588.12

Current Approval Amount

219588.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61021

Servicing Lender Name

Mars Bank

Servicing Lender Address

145 Grand Ave

Servicing Lender City

MARS

Servicing Lender State

PA

Servicing Lender Zip

16046

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mars

Project County Name

BUTLER

Project State

PA

Project Zip

16046-0670

CD

PA-16

Jobs Reported

12

NAICS Code

336340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219588.12

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

61021

Originating Lender

Mars Bank

Originating Lender City

MARS

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221271.63

Forgiveness Date

02/05/2021

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