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Altoona Times

Tuesday, November 26, 2024

Nittany Industries, Inc. receives a PPP loan between $150K-$350K on June 13

Genbusiness006

Nittany Industries, Inc. received a Paycheck Protection Program loan between $150,000 to 350,000 on June 13, according to the US Treasury Department.

There were 60 PPP loans issued in Pennsylvania during the week ending June 14. The average loan size in the state was between $150,000 to 350,000.

There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.

The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.

RecipientsDate ReceivedDollar Amount Received
Grant-Williams Global2020-06-08$350,000-1 million
Red Diamond Trucking Company, Inc.2020-06-08$350,000-1 million
Be Amazing, LLC2020-06-08$150,000-350,000
Fluid Power, Inc.2020-06-08$150,000-350,000
Innovative Building Solutions, LLC2020-06-08$150,000-350,000
Mcaps, LLC2020-06-08$150,000-350,000
MJ Urban Renewal, Inc.2020-06-08$150,000-350,000
Modesto Services, LLC2020-06-08$150,000-350,000
Richard a Brazon2020-06-08$150,000-350,000
Smile Culture, PC2020-06-08$150,000-350,000
Star & SKY Restore, LLC2020-06-08$150,000-350,000
The Dominican's Beauty Salon Corporation2020-06-08$150,000-350,000
The Lerro Corporation2020-06-08$150,000-350,000
Yokoso Japanese Steakhouse, Inc.2020-06-08$150,000-350,000
The Growing Place Center for Care and Learning of Salem-St. Paul Evangelical Luth2020-06-09$350,000-1 million
ARQ, LLC2020-06-09$150,000-350,000
Balatel Communications, Inc.2020-06-09$150,000-350,000
Career Advantage of Mercer Company, Inc.2020-06-09$150,000-350,000
Pike Cafe, Inc.2020-06-09$150,000-350,000
Synchrony Scientific Communications2020-06-09$150,000-350,000
Decisionone Corporation2020-06-10$5-10 million
Simpson Senior Services2020-06-10$2-5 million
Sab Services, LLC2020-06-10$1-2 million
Edward a Reider, Inc.2020-06-10$350,000-1 million
Liberty Flooring, LLC2020-06-10$350,000-1 million
A Step Above House Cleaning Services, Inc.2020-06-10$150,000-350,000
East Dragon Restaurant, Inc.2020-06-10$150,000-350,000
Feeney's Nursery, Inc.2020-06-10$150,000-350,000
Keystone Contracting, Inc.2020-06-10$150,000-350,000
Linguis-Techs, Inc.2020-06-10$150,000-350,000
Pennsylvania Hope Home Health Care2020-06-10$150,000-350,000
Professional Dental Associates2020-06-10$150,000-350,000
Kidspeace National Centers, Inc.2020-06-11$5-10 million
Kay, Tabas, & Niknam Ophthalmology Associates2020-06-11$350,000-1 million
Robo Construction, LLC2020-06-11$350,000-1 million
Tri-County Rural Electric Cooperative, Inc.2020-06-11$350,000-1 million
544 York Partners, LLC2020-06-11$150,000-350,000
Color Reflections, Inc.2020-06-11$150,000-350,000
Peter's Salon & European Spa, LLC2020-06-11$150,000-350,000
Philadelphia Mental Health Clinic2020-06-11$150,000-350,000
Sea of Smiles 1, PLLC2020-06-11$150,000-350,000
Top Notch Racing2020-06-11$150,000-350,000
Cedar Haven Acquisition, LLC2020-06-12$2-5 million
ELK Haven Nursing Home Association2020-06-12$1-2 million
WL Roenigk, Inc.2020-06-12$1-2 million
Atlantic Coast Athletic Clubs, L. P.2020-06-12$350,000-1 million
360 Project Management, LLC2020-06-12$150,000-350,000
Attix Enterprises, Inc.2020-06-12$150,000-350,000
Bryn Mawr Theatre Film Institute2020-06-12$150,000-350,000
Christopher E Werner, D.D.S.2020-06-12$150,000-350,000
JP Warner Associates, Inc.2020-06-12$150,000-350,000
Legal Search, Inc.2020-06-12$150,000-350,000
Plymouth Tavern2020-06-12$150,000-350,000
Professional Duplicating, Inc.2020-06-12$150,000-350,000
Prsus, Inc.2020-06-12$150,000-350,000
Trustees of the Synod of the Reformed Presbyterian Church of2020-06-12$150,000-350,000
Apiradee Boutique, LLC2020-06-13$350,000-1 million
Nittany Industries, Inc.2020-06-13$150,000-350,000
K Weaver Properties, LLC2020-06-14$1-2 million
Jamison, LLC2020-06-14$350,000-1 million

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