PPP Loan information for Ferotec friction inc

$65,500

Ferotec friction inc was initially approved for PPP Loan of amount $65,500, the current approved amount is $65,500. The loan was approved on 04/29/2020 by The Citizens Bank, National Association reported 8 jobs and $65,500 was used to fund payroll.

Ferotec friction inc is Existing or more than 2 years old

PPP Loan Search / PA / Manheim / Ferotec friction inc

FEROTEC FRICTION INC

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FEROTEC FRICTION INC

Borrower Address

150 Shellyland Road

Borrower City

Manheim

Borrower State

PA

Borrower Zip

17545

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65500.00

Current Approval Amount

65500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Manheim

Project County Name

LANCASTER

Project State

PA

Project Zip

17545-0001

CD

PA-11

Jobs Reported

8

NAICS Code

336340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65500.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66172.95

Forgiveness Date

05/17/2021

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