PPP Loan information for Material handling supply inc.

$2,492,900

Material handling supply inc. was initially approved for PPP Loan of amount $2,492,900, the current approved amount is $2,492,900. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 159 jobs and $2,492,900 was used to fund payroll.

Material handling supply inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Pennsauken / Material handling supply inc.

MATERIAL HANDLING SUPPLY INC.

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MATERIAL HANDLING SUPPLY INC.

Borrower Address

6965 Airport Hwy Lance

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08109

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2492900.00

Current Approval Amount

2492900.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08109-0001

CD

NJ-01

Jobs Reported

159

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2492900.00

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

2522884.05

Forgiveness Date

06/24/2021

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