PPP Loan information for Power & industrial air systems inc

$170,100

Power & industrial air systems inc was initially approved for PPP Loan of amount $170,100, the current approved amount is $170,100. The loan was approved on 01/27/2021 by The Mid Penn Bank reported 6 jobs and $170,100 was used to fund payroll.

Power & industrial air systems inc is Existing or more than 2 years old

POWER & INDUSTRIAL AIR SYSTEMS INC

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

POWER & INDUSTRIAL AIR SYSTEMS INC

Borrower Address

5281 Hamilton Blvd

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18106-9113

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170100.00

Current Approval Amount

170100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18106-9113

CD

PA-07

Jobs Reported

6

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

170098.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171026.10

Forgiveness Date

08/17/2021

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