PPP Loan information for Industrial maintenance systems

$345,800

Industrial maintenance systems was initially approved for PPP Loan of amount $345,800, the current approved amount is $345,800. The loan was approved on 04/28/2020 by The First Commonwealth Bank reported 31 jobs and $345,800 was used to fund payroll.

Industrial maintenance systems is Existing or more than 2 years old

INDUSTRIAL MAINTENANCE SYSTEMS

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

INDUSTRIAL MAINTENANCE SYSTEMS

Borrower Address

2612 18TH ST

Borrower City

ALTOONA

Borrower State

PA

Borrower Zip

16601-2604

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345800.00

Current Approval Amount

345800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALTOONA

Project County Name

BLAIR

Project State

PA

Project Zip

16601-2604

CD

PA-13

Jobs Reported

31

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

325800.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

348291.65

Forgiveness Date

01/25/2021

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