PPP Loan information for B & w machine works inc

$85,825

B & w machine works inc was initially approved for PPP Loan of amount $85,825, the current approved amount is $85,825. The loan was approved on 04/29/2020 by The Penn Community Bank reported 7 jobs and $85,825 was used to fund payroll.

B & w machine works inc is Existing or more than 2 years old

PPP Loan Search / PA / PERKASIE / B & w machine works inc

B & W MACHINE WORKS INC

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

B & W MACHINE WORKS INC

Borrower Address

111 N 7th Street

Borrower City

PERKASIE

Borrower State

PA

Borrower Zip

18944-3825

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85825.00

Current Approval Amount

85825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERKASIE

Project County Name

BUCKS

Project State

PA

Project Zip

18944-3825

CD

PA-01

Jobs Reported

7

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85825.00

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

Corporation

Originating Lender Location Id

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86692.79

Forgiveness Date

05/06/2021

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