PPP Loan information for Erie industrial supply co employee stock ownership plan

$151,400

Erie industrial supply co employee stock ownership plan was initially approved for PPP Loan of amount $151,400, the current approved amount is $151,400. The loan was approved on 01/23/2021 by The Marquette Savings Bank reported 11 jobs and $151,400 was used to fund payroll.

Erie industrial supply co employee stock ownership plan is Existing or more than 2 years old

ERIE INDUSTRIAL SUPPLY CO EMPLOYEE STOCK OWNERSHIP PLAN

Date Approved

01/23/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

ERIE INDUSTRIAL SUPPLY CO EMPLOYEE STOCK OWNERSHIP PLAN

Borrower Address

2103 E 33rd St

Borrower City

Erie

Borrower State

PA

Borrower Zip

16510-2530

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

151400.00

Current Approval Amount

151400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87473

Servicing Lender Name

Marquette Savings Bank

Servicing Lender Address

920 Peach St

Servicing Lender City

ERIE

Servicing Lender State

PA

Servicing Lender Zip

16501-1404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Erie

Project County Name

ERIE

Project State

PA

Project Zip

16510-2530

CD

PA-16

Jobs Reported

11

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151400.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

87473

Originating Lender

Marquette Savings Bank

Originating Lender City

ERIE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152341.58

Forgiveness Date

09/13/2021

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