PPP Loan information for Pennsylvania steel co inc

$2,077,902

Pennsylvania steel co inc was initially approved for PPP Loan of amount $2,077,902, the current approved amount is $2,077,902. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 171 jobs and $2,077,902 was used to fund payroll.

Pennsylvania steel co inc is Existing or more than 2 years old

PENNSYLVANIA STEEL CO INC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENNSYLVANIA STEEL CO INC

Borrower Address

1717 Woodhaven Drive

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2077902.00

Current Approval Amount

2077902.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-0001

CD

PA-01

Jobs Reported

171

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1579765.00

Mortgage Interest Proceed

0.00

Rent Proceed

75501.00

Refinance EIDL Proceed

0.00

Health Care Proceed

233512.00

Debt Interest Proceed

189124

Business Type

Limited Liability Company(LLC)

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

2103576.90

Forgiveness Date

07/30/2021

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