PPP Loan information for B & w machine works inc.

$85,826

B & w machine works inc. was initially approved for PPP Loan of amount $85,826, the current approved amount is $85,826. The loan was approved on 02/06/2021 by The Penn Community Bank reported 7 jobs and $85,826 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

02/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

B & W MACHINE WORKS INC.

Borrower Address

111 N 7th St

Borrower City

Perkasie

Borrower State

PA

Borrower Zip

18944-1412

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85826.35

Current Approval Amount

85826.35

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

18944-1412

CD

PA-01

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85824.35

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

86398.53

Forgiveness Date

10/08/2021

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