Tinius Olsen Testing Machine Co

$2,000,000 PPP Loan in Horsham, Pennsylvania

Loan Details

Loan Number
5522548609
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,016,722
Forgiveness Date
Jan 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Tinius Olsen Testing Machine Co
Address
1065 Easton Rd 1065 Easton Rd
ZIP Code
19044-3300
Business Type
Corporation
Industry (NAICS)
Manufacturing (334519)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$28.8M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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