PPP Loan information for Acr machine inc

$248,317

Acr machine inc was initially approved for PPP Loan of amount $248,317, the current approved amount is $248,317. The loan was approved on 04/27/2020 by The Old Dominion National Bank reported 17 jobs and $248,317 was used to fund payroll.

Acr machine inc is Existing or more than 2 years old

ACR MACHINE INC

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ACR MACHINE INC

Borrower Address

21 N. 10th Ave.

Borrower City

Coatesville

Borrower State

PA

Borrower Zip

19320

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248316.87

Current Approval Amount

248316.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coatesville

Project County Name

CHESTER

Project State

PA

Project Zip

19320-0001

CD

PA-06

Jobs Reported

17

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

248316.87

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

Subchapter S Corporation

Originating Lender Location Id

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250561.93

Forgiveness Date

03/31/2021

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