PPP Loan information for U.s. axle, inc.

$559,037

U.s. axle, inc. was initially approved for PPP Loan of amount $559,037, the current approved amount is $559,037. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 34 jobs and $559,037 was used to fund payroll.

U.s. axle, inc. is Existing or more than 2 years old

PPP Loan Search / PA / Pottstown / U.s. axle, inc.

U.S. AXLE, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

U.S. AXLE, INC.

Borrower Address

275 Shoemaker Road

Borrower City

Pottstown

Borrower State

PA

Borrower Zip

19464

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559037.00

Current Approval Amount

559037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pottstown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19464-0001

CD

PA-04

Jobs Reported

34

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

364037.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

125000.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

563784.99

Forgiveness Date

02/25/2021

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