PPP Loan information for Magnotti & son inc.

$534,428

Magnotti & son inc. was initially approved for PPP Loan of amount $534,428, the current approved amount is $534,428. The loan was approved on 01/26/2021 by The First Commonwealth Bank reported 52 jobs and $534,428 was used to fund payroll.

Magnotti & son inc. is Existing or more than 2 years old

MAGNOTTI & SON INC.

Date Approved

01/26/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

MAGNOTTI & SON INC.

Borrower Address

2098 Saw Mill Run Blvd

Borrower City

Pittsburgh

Borrower State

PA

Borrower Zip

15210-4048

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

534427.50

Current Approval Amount

534427.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

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

15210-4048

CD

PA-12

Jobs Reported

52

NAICS Code

442299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

534425.50

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

539317.88

Forgiveness Date

12/28/2021

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