PPP Loan information for Inverter systems, inc.

$60,175

Inverter systems, inc. was initially approved for PPP Loan of amount $60,175, the current approved amount is $60,175. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 4 jobs and $60,175 was used to fund payroll.

Inverter systems, inc. is Existing or more than 2 years old

INVERTER SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

INVERTER SYSTEMS, INC.

Borrower Address

329 Otter Street

Borrower City

Bristol

Borrower State

PA

Borrower Zip

19007

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60175.00

Current Approval Amount

60175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BUCKS

Project State

PA

Project Zip

19007-0001

CD

PA-01

Jobs Reported

4

NAICS Code

335122

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48145.00

Mortgage Interest Proceed

0.00

Rent Proceed

8640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3390.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60819.61

Forgiveness Date

05/19/2021

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