Sargent Electric Company

$10,000,000 PPP Loan in Pittsburgh, Pennsylvania

Loan Details

Loan Number
1780617201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,114,795
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sargent Electric Company
Address
2767 Liberty Avenue
ZIP Code
15222
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
438
Estimated Revenue
$144.1M
Rural/Urban
Urban
Congressional District
PA-12

Loan Use Breakdown

Payroll
$7,000,000
Health Care
$3,000,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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