PPP Loan information for Chesco coring & cutting inc

$750,000

Chesco coring & cutting inc was initially approved for PPP Loan of amount $750,000, the current approved amount is $750,000. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 50 jobs and $750,000 was used to fund payroll.

Chesco coring & cutting inc is Existing or more than 2 years old

CHESCO CORING & CUTTING INC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CHESCO CORING & CUTTING INC

Borrower Address

2047 Charlestown Road

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-0001

CD

PA-06

Jobs Reported

50

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

150000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

758937.50

Forgiveness Date

06/28/2021

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