PPP Loan information for Specialty ring products inc

$1,086,700

Specialty ring products inc was initially approved for PPP Loan of amount $1,086,700, the current approved amount is $1,086,700. The loan was approved on 02/12/2021 by The Citizens Bank, National Association reported 45 jobs and $1,086,700 was used to fund payroll.

Specialty ring products inc is Existing or more than 2 years old

SPECIALTY RING PRODUCTS INC

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SPECIALTY RING PRODUCTS INC

Borrower Address

2374 State Rd

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-7326

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1086700.00

Current Approval Amount

1086700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

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

19020-7326

CD

PA-01

Jobs Reported

45

NAICS Code

332111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1086697.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1101854.25

Forgiveness Date

07/14/2022

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