PPP Loan information for Inverter systems inc

$64,752

Inverter systems inc was initially approved for PPP Loan of amount $64,752, the current approved amount is $64,752. The loan was approved on 01/28/2021 by The Manufacturers and Traders Trust Company reported 3 jobs and $64,752 was used to fund payroll.

Inverter systems inc is Existing or more than 2 years old

INVERTER SYSTEMS INC

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

INVERTER SYSTEMS INC

Borrower Address

329 Otter St

Borrower City

Bristol

Borrower State

PA

Borrower Zip

19007-3611

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64752.00

Current Approval Amount

64752.00

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

19007-3611

CD

PA-01

Jobs Reported

3

NAICS Code

335129

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64748.00

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

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

65094.39

Forgiveness Date

08/16/2021

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