PPP Loan information for Hofer machine & tool co inc

$244,500

Hofer machine & tool co inc was initially approved for PPP Loan of amount $244,500, the current approved amount is $244,500. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 16 jobs and $244,500 was used to fund payroll.

Hofer machine & tool co inc is Unanswered

HOFER MACHINE & TOOL CO INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HOFER MACHINE & TOOL CO INC

Borrower Address

126 LINDA VISTA AVE

Borrower City

NORTH HALEDON

Borrower State

NJ

Borrower Zip

07508

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244500.00

Current Approval Amount

244500.00

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

N

Business Age Description

Unanswered

Project City

NORTH HALEDON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07508-1000

CD

NJ-09

Jobs Reported

16

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244500.00

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

246829.54

Forgiveness Date

04/15/2021

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