PPP Loan information for The sherman engineering co

$508,700

The sherman engineering co was initially approved for PPP Loan of amount $508,700, the current approved amount is $508,700. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 36 jobs and $508,700 was used to fund payroll.

The sherman engineering co is Existing or more than 2 years old

THE SHERMAN ENGINEERING CO

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE SHERMAN ENGINEERING CO

Borrower Address

1830 COUNTY LINE RD

Borrower City

HUNTINGDON VALLEY

Borrower State

PA

Borrower Zip

19006-1703

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508700.00

Current Approval Amount

508700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGDON VALLEY

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19006-1703

CD

PA-04

Jobs Reported

36

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512713.08

Forgiveness Date

01/25/2021

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