PPP Loan information for Moffat pipe inc

$982,000

Moffat pipe inc was initially approved for PPP Loan of amount $982,000, the current approved amount is $982,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 63 jobs and $982,000 was used to fund payroll.

Moffat pipe inc is Existing or more than 2 years old

MOFFAT PIPE INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOFFAT PIPE INC

Borrower Address

701 FINGERS LAKE DR

Borrower City

WAKE FOREST

Borrower State

NC

Borrower Zip

27587

Loan Status Date

11/09/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

982000.00

Current Approval Amount

982000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

WAKE FOREST

Project County Name

WAKE

Project State

NC

Project Zip

27587-0002

CD

NC-02

Jobs Reported

63

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

982000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

988062.58

Forgiveness Date

10/17/2022

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