PPP Loan information for Penn steel fabrication inc

$318,184

Penn steel fabrication inc was initially approved for PPP Loan of amount $318,184, the current approved amount is $318,184. The loan was approved on 01/27/2021 by The Magyar Bank reported 33 jobs and $318,184 was used to fund payroll.

Penn steel fabrication inc is Existing or more than 2 years old

PPP Loan Search / PA / Bristol / Penn steel fabrication inc

PENN STEEL FABRICATION INC

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PENN STEEL FABRICATION INC

Borrower Address

805 N Wilson Ave

Borrower City

Bristol

Borrower State

PA

Borrower Zip

19007-4520

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318184.00

Current Approval Amount

318184.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BUCKS

Project State

PA

Project Zip

19007-4520

CD

PA-01

Jobs Reported

33

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

318181.00

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

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

320526.19

Forgiveness Date

10/29/2021

;