PPP Loan information for Strait steel inc

$788,095

Strait steel inc was initially approved for PPP Loan of amount $788,095, the current approved amount is $788,095. The loan was approved on 01/21/2021 by The Orrstown Bank reported 49 jobs and $788,095 was used to fund payroll.

Strait steel inc is Existing or more than 2 years old

STRAIT STEEL INC

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

STRAIT STEEL INC

Borrower Address

8400 Molly Pitcher Hwy

Borrower City

Greencastle

Borrower State

PA

Borrower Zip

17225-9036

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

788095.00

Current Approval Amount

788095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greencastle

Project County Name

FRANKLIN

Project State

PA

Project Zip

17225-9036

CD

PA-13

Jobs Reported

49

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

788093.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

795155.47

Forgiveness Date

12/21/2021

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