PPP Loan information for Phoenix tool and machine inc

$137,987

Phoenix tool and machine inc was initially approved for PPP Loan of amount $137,987, the current approved amount is $137,987. The loan was approved on 03/18/2021 by The PNC Bank, National Association reported 9 jobs and $137,987 was used to fund payroll.

Phoenix tool and machine inc is Existing or more than 2 years old

PHOENIX TOOL AND MACHINE INC

Date Approved

03/18/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PHOENIX TOOL AND MACHINE INC

Borrower Address

1044 Industrial Dr 1044 Industrial Dr

Borrower City

West Berlin

Borrower State

NJ

Borrower Zip

08091-9103

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137987.00

Current Approval Amount

137987.00

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

Existing or more than 2 years old

Project City

West Berlin

Project County Name

CAMDEN

Project State

NJ

Project Zip

08091-9103

CD

NJ-01

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

137987.00

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

139190.55

Forgiveness Date

02/04/2022

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