PPP Loan information for Hobson tool and machine co

$210,400

Hobson tool and machine co was initially approved for PPP Loan of amount $210,400, the current approved amount is $210,400. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 20 jobs and $210,400 was used to fund payroll.

Hobson tool and machine co is Unanswered

PPP Loan Search / IN / FRANKLIN / Hobson tool and machine co

HOBSON TOOL AND MACHINE CO

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HOBSON TOOL AND MACHINE CO

Borrower Address

3061 N MORTON ST

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131-9662

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

210400.00

Current Approval Amount

210400.00

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

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9662

CD

IN-06

Jobs Reported

20

NAICS Code

334511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

210400.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195006.51

Forgiveness Date

09/20/2021

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