PPP Loan information for Bon tool company

$512,700

Bon tool company was initially approved for PPP Loan of amount $512,700, the current approved amount is $512,700. The loan was approved on 04/07/2020 by The Enterprise Bank reported 67 jobs and $512,700 was used to fund payroll.

Bon tool company is New Business or 2 years or less

BON TOOL COMPANY

Date Approved

04/07/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

BON TOOL COMPANY

Borrower Address

4430 GIBSONIA RD

Borrower City

GIBSONIA

Borrower State

PA

Borrower Zip

15044-7945

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512700.00

Current Approval Amount

512700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122687

Servicing Lender Name

Enterprise Bank

Servicing Lender Address

4091 Mount Royal Blvd

Servicing Lender City

ALLISON PARK

Servicing Lender State

PA

Servicing Lender Zip

15101-2917

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GIBSONIA

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15044-7945

CD

PA-17

Jobs Reported

67

NAICS Code

332216

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

128175.00

Payroll Proceed

384525.00

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

Subchapter S Corporation

Originating Lender Location Id

122687

Originating Lender

Enterprise Bank

Originating Lender City

ALLISON PARK

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

515930.71

Forgiveness Date

11/27/2020

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