PPP Loan information for John prosock machine inc

$247,500

John prosock machine inc was initially approved for PPP Loan of amount $247,500, the current approved amount is $247,500. The loan was approved on 05/06/2020 by The Truist Bank reported 25 jobs and $247,500 was used to fund payroll.

John prosock machine inc is Existing or more than 2 years old

JOHN PROSOCK MACHINE INC

Date Approved

05/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

JOHN PROSOCK MACHINE INC

Borrower Address

2250 TRUMBAUERSVILLE RD

Borrower City

QUAKERTOWN

Borrower State

PA

Borrower Zip

18951-2317

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247500.00

Current Approval Amount

247500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUAKERTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

18951-2317

CD

PA-01

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250882.50

Forgiveness Date

09/27/2021

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