PPP Loan information for Kulite semiconductor products inc

$10,000,000

Kulite semiconductor products inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Kulite semiconductor products inc is Existing or more than 2 years old

KULITE SEMICONDUCTOR PRODUCTS INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KULITE SEMICONDUCTOR PRODUCTS INC

Borrower Address

1 WILLOW TREE RD

Borrower City

LEONIA

Borrower State

NJ

Borrower Zip

07605-2210

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

LEONIA

Project County Name

BERGEN

Project State

NJ

Project Zip

07605-2210

CD

NJ-05

Jobs Reported

500

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

10115000.00

Forgiveness Date

06/11/2021

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