Heavyweight INC

$254,690 PPP Loan in Altoona, Pennsylvania

Loan Details

Loan Number
8325907107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$254,690
Current Approval
$254,690
Forgiveness Amount
$256,658
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Heavyweight INC
Address
205 Charlotte Drive
ZIP Code
16601
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
PA-13

Loan Use Breakdown

Payroll
$187,000
Rent
$33,000
Utilities
$10,000
Health Care
$5,000
Debt Interest
$19,690

Lender Information

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

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