PPP Loan information for Area tool & manufacturing, inc.

$129,000

Area tool & manufacturing, inc. was initially approved for PPP Loan of amount $129,000, the current approved amount is $129,000. The loan was approved on 04/09/2020 by The First National Bank of Pennsylvania reported 11 jobs and $129,000 was used to fund payroll.

Area tool & manufacturing, inc. is Existing or more than 2 years old

AREA TOOL & MANUFACTURING, INC.

Date Approved

04/09/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

AREA TOOL & MANUFACTURING, INC.

Borrower Address

181 Baldwin Street Park Road

Borrower City

MEADVILLE

Borrower State

PA

Borrower Zip

16335-7918

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129000.00

Current Approval Amount

129000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

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

16335-7918

CD

PA-16

Jobs Reported

11

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129000.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

129770.42

Forgiveness Date

11/24/2020

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