PPP Loan information for Danco precision inc

$693,075

Danco precision inc was initially approved for PPP Loan of amount $693,075, the current approved amount is $693,075. The loan was approved on 01/28/2021 by The PNC Bank, National Association reported 40 jobs and $693,075 was used to fund payroll.

Danco precision inc is Existing or more than 2 years old

PPP Loan Search / PA / Phoenixville / Danco precision inc

DANCO PRECISION INC

Date Approved

01/28/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

DANCO PRECISION INC

Borrower Address

601 Wheatland Street

Borrower City

Phoenixville

Borrower State

PA

Borrower Zip

19460

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

693075.00

Current Approval Amount

693075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenixville

Project County Name

CHESTER

Project State

PA

Project Zip

19460

CD

PA-04

Jobs Reported

40

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

693073.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

698061.29

Forgiveness Date

10/20/2021

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