PPP Loan information for Martelli's metal fabrication inc.

$474,947

Martelli's metal fabrication inc. was initially approved for PPP Loan of amount $474,947, the current approved amount is $474,947. The loan was approved on 04/11/2020 by The Penn Community Bank reported 50 jobs and $474,947 was used to fund payroll.

Martelli's metal fabrication inc. is Existing or more than 2 years old

PPP Loan Search / PA / WARMINSTER / Martelli's metal fabrication inc.

MARTELLI'S METAL FABRICATION INC.

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MARTELLI'S METAL FABRICATION INC.

Borrower Address

4 Louise Drive

Borrower City

WARMINSTER

Borrower State

PA

Borrower Zip

18974-1526

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

474947.00

Current Approval Amount

474947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARMINSTER

Project County Name

BUCKS

Project State

PA

Project Zip

18974-1526

CD

PA-01

Jobs Reported

50

NAICS Code

332919

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

474947.00

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

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

467878.75

Forgiveness Date

12/04/2020

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