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 04/09/2020 by The 1st Summit Bank reported 65 jobs and $600,000 was used to fund payroll.

Penn metal fabricators, inc. is New Business or 2 years or less

PENN METAL FABRICATORS, INC.

Date Approved

04/09/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PENN METAL FABRICATORS, INC.

Borrower Address

2103 New Germany Road

Borrower City

Ebensburg

Borrower State

PA

Borrower Zip

15931-3405

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

Ebensburg

Project County Name

CAMBRIA

Project State

PA

Project Zip

15931-3405

CD

PA-13

Jobs Reported

65

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

603433.33

Forgiveness Date

11/03/2020

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