PPP Loan information for Pneu mech systems manufacturing inc

$1,041,642

Pneu mech systems manufacturing inc was initially approved for PPP Loan of amount $1,041,642, the current approved amount is $1,041,642. The loan was approved on 01/31/2021 by The PNC Bank, National Association reported 72 jobs and $1,041,642 was used to fund payroll.

Pneu mech systems manufacturing inc is Existing or more than 2 years old

PPP Loan Search / NC / Statesville / Pneu mech systems manufacturing inc

PNEU MECH SYSTEMS MANUFACTURING INC

Date Approved

01/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PNEU MECH SYSTEMS MANUFACTURING INC

Borrower Address

201 Pneu Mech Dr

Borrower City

Statesville

Borrower State

NC

Borrower Zip

28625-1609

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1041642.00

Current Approval Amount

1041642.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Statesville

Project County Name

IREDELL

Project State

NC

Project Zip

28625-1609

CD

NC-10

Jobs Reported

72

NAICS Code

333519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1041640.00

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

Sole Proprietorship

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

1048962.43

Forgiveness Date

10/20/2021

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