PPP Loan information for Tinius olsen testing machine co

$2,000,000

Tinius olsen testing machine co was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/20/2021 by The PNC Bank, National Association reported 110 jobs and $2,000,000 was used to fund payroll.

Tinius olsen testing machine co is Existing or more than 2 years old

PPP Loan Search / PA / Horsham / Tinius olsen testing machine co

TINIUS OLSEN TESTING MACHINE CO

Date Approved

03/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

TINIUS OLSEN TESTING MACHINE CO

Borrower Address

1065 Easton Rd 1065 Easton Rd

Borrower City

Horsham

Borrower State

PA

Borrower Zip

19044-3300

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Horsham

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19044-3300

CD

PA-04

Jobs Reported

110

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

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

2016722.22

Forgiveness Date

01/25/2022

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