PPP Loan information for Penn metal fabricators inc.

$600,000

Penn metal fabricators inc. was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 01/22/2021 by The 1st Summit Bank reported 48 jobs and $600,000 was used to fund payroll.

Penn metal fabricators inc. is Existing or more than 2 years old

PENN METAL FABRICATORS INC.

Date Approved

01/22/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

PENN METAL FABRICATORS INC.

Borrower Address

2103 New Germany Rd

Borrower City

Ebensburg

Borrower State

PA

Borrower Zip

15931-3405

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65256

Servicing Lender Name

1st Summit Bank

Servicing Lender Address

125 Donald Ln

Servicing Lender City

JOHNSTOWN

Servicing Lender State

PA

Servicing Lender Zip

15904-2829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ebensburg

Project County Name

CAMBRIA

Project State

PA

Project Zip

15931-3405

CD

PA-13

Jobs Reported

48

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

599998.00

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

65256

Originating Lender

1st Summit Bank

Originating Lender City

JOHNSTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

602866.67

Forgiveness Date

07/14/2021

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