PPP Loan information for Acutec precision machining inc

$6,660,800

Acutec precision machining inc was initially approved for PPP Loan of amount $6,660,800, the current approved amount is $6,660,800. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 500 jobs and $6,660,800 was used to fund payroll.

Acutec precision machining inc is Existing or more than 2 years old

PPP Loan Search / PA / MEADVILLE / Acutec precision machining inc

ACUTEC PRECISION MACHINING INC

Date Approved

04/12/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ACUTEC PRECISION MACHINING INC

Borrower Address

13555 BROADWAY

Borrower City

MEADVILLE

Borrower State

PA

Borrower Zip

16335-8307

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6660800.00

Current Approval Amount

6660800.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEADVILLE

Project County Name

CRAWFORD

Project State

PA

Project Zip

16335-8307

CD

PA-16

Jobs Reported

500

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6660800.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

6749240.62

Forgiveness Date

08/09/2021

;