PPP Loan information for Sargent electric company

$10,000,000

Sargent electric company was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 438 jobs and $10,000,000 was used to fund payroll.

Sargent electric company is Existing or more than 2 years old

SARGENT ELECTRIC COMPANY

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

SARGENT ELECTRIC COMPANY

Borrower Address

2767 Liberty Avenue

Borrower City

Pittsburgh

Borrower State

PA

Borrower Zip

15222

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Pittsburgh

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15222-0001

CD

PA-12

Jobs Reported

438

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000000.00

Debt Interest Proceed

0

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

10114794.52

Forgiveness Date

06/11/2021

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