PPP Loan information for Borton saw & tool company

$76,600

Borton saw & tool company was initially approved for PPP Loan of amount $76,600, the current approved amount is $76,600. The loan was approved on 04/13/2020 by The Truist Bank reported 15 jobs and $76,600 was used to fund payroll.

Borton saw & tool company is Existing or more than 2 years old

BORTON SAW & TOOL COMPANY

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BORTON SAW & TOOL COMPANY

Borrower Address

320 SPRINGDALE AVE

Borrower City

HATBORO

Borrower State

PA

Borrower Zip

19040-2230

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76600.00

Current Approval Amount

76600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATBORO

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19040-2230

CD

PA-04

Jobs Reported

15

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77342.59

Forgiveness Date

04/06/2021

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