PPP Loan information for Discovery machine, inc

$493,846

Discovery machine, inc was initially approved for PPP Loan of amount $493,846, the current approved amount is $493,846. The loan was approved on 04/29/2020 by The Northwest Bank reported 31 jobs and $493,846 was used to fund payroll.

Discovery machine, inc is Existing or more than 2 years old

DISCOVERY MACHINE, INC

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DISCOVERY MACHINE, INC

Borrower Address

153 W 4th St Ste 1

Borrower City

Williamsport

Borrower State

PA

Borrower Zip

17701-6121

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

493846.00

Current Approval Amount

493846.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Williamsport

Project County Name

LYCOMING

Project State

PA

Project Zip

17701-6121

CD

PA-09

Jobs Reported

31

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

493846.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

497891.48

Forgiveness Date

03/03/2021

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