PPP Loan information for Ferotec friction inc

$77,443

Ferotec friction inc was initially approved for PPP Loan of amount $77,443, the current approved amount is $77,443. The loan was approved on 02/14/2021 by The Customers Bank reported 8 jobs and $77,443 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

02/14/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

FEROTEC FRICTION INC

Borrower Address

150 T-801 N/A

Borrower City

Manheim

Borrower State

PA

Borrower Zip

17545

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77443.00

Current Approval Amount

77443.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

CD

PA-09

Jobs Reported

8

NAICS Code

336340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

77439.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77877.95

Forgiveness Date

09/20/2021

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