PPP Loan information for Positran manufacturing inc

$324,057

Positran manufacturing inc was initially approved for PPP Loan of amount $324,057, the current approved amount is $324,057. The loan was approved on 01/30/2021 by The TD Bank, National Association reported 34 jobs and $324,057 was used to fund payroll.

Positran manufacturing inc is Existing or more than 2 years old

PPP Loan Search / PA / Norristown / Positran manufacturing inc

POSITRAN MANUFACTURING INC

Date Approved

01/30/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

POSITRAN MANUFACTURING INC

Borrower Address

800 E Main St

Borrower City

Norristown

Borrower State

PA

Borrower Zip

19401-4104

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324057.00

Current Approval Amount

324057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norristown

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19401-4104

CD

PA-05

Jobs Reported

34

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

324053.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

325947.33

Forgiveness Date

09/02/2021

;