PPP Loan information for Pennsylvania transformer technology, inc

$4,488,000

Pennsylvania transformer technology, inc was initially approved for PPP Loan of amount $4,488,000, the current approved amount is $4,488,000. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 351 jobs and $4,488,000 was used to fund payroll.

Pennsylvania transformer technology, inc is Existing or more than 2 years old

PENNSYLVANIA TRANSFORMER TECHNOLOGY, INC

Date Approved

04/08/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PENNSYLVANIA TRANSFORMER TECHNOLOGY, INC

Borrower Address

30 CURRY AVE

Borrower City

CANONSBURG

Borrower State

PA

Borrower Zip

15317-1786

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4488000.00

Current Approval Amount

4488000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANONSBURG

Project County Name

WASHINGTON

Project State

PA

Project Zip

15317-1786

CD

PA-14

Jobs Reported

351

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4488000.00

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

4459174.72

Forgiveness Date

07/21/2021

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