PPP Loan information for Trenchtech inc

$511,602

Trenchtech inc was initially approved for PPP Loan of amount $511,602, the current approved amount is $511,602. The loan was approved on 04/11/2020 by The Penn Community Bank reported 43 jobs and $511,602 was used to fund payroll.

Trenchtech inc is Existing or more than 2 years old

PPP Loan Search / PA / AMBLER / Trenchtech inc

TRENCHTECH INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TRENCHTECH INC

Borrower Address

965 Bell Lane

Borrower City

AMBLER

Borrower State

PA

Borrower Zip

19002-3014

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511602.00

Current Approval Amount

511602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMBLER

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19002-3014

CD

PA-04

Jobs Reported

43

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

511602.00

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

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

474022.42

Forgiveness Date

03/11/2021

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