PPP Loan information for S&s electric motors, inc.

$114,330

S&s electric motors, inc. was initially approved for PPP Loan of amount $114,330, the current approved amount is $114,330. The loan was approved on 04/09/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 11 jobs and $114,330 was used to fund payroll.

S&s electric motors, inc. is Existing or more than 2 years old

S&S ELECTRIC MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

S&S ELECTRIC MOTORS, INC.

Borrower Address

125 FALLING SPRING RD

Borrower City

CHAMBERSBURG

Borrower State

PA

Borrower Zip

17202-9001

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114330.00

Current Approval Amount

114330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMBERSBURG

Project County Name

FRANKLIN

Project State

PA

Project Zip

17202-9001

CD

PA-13

Jobs Reported

11

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22866.00

Payroll Proceed

91464.00

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

Subchapter S Corporation

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115324.04

Forgiveness Date

02/24/2021

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