PPP Loan information for D & r machine co.

$773,309

D & r machine co. was initially approved for PPP Loan of amount $773,307, the current approved amount is $773,309. The loan was approved on 04/08/2020 by The Customers Bank reported 45 jobs and $773,309 was used to fund payroll.

D & r machine co. is New Business or 2 years or less

D & R MACHINE CO.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

D & R MACHINE CO.

Borrower Address

1330 Industrial Highway

Borrower City

SOUTHAMPTON

Borrower State

PA

Borrower Zip

18966-4013

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

773307.00

Current Approval Amount

773309.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTHAMPTON

Project County Name

BUCKS

Project State

PA

Project Zip

18966-4013

CD

PA-01

Jobs Reported

45

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

773309.22

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

781063.50

Forgiveness Date

04/19/2021

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