PPP Loan information for Piston ring and machine company inc

$107,400

Piston ring and machine company inc was initially approved for PPP Loan of amount $107,400, the current approved amount is $107,400. The loan was approved on 04/15/2020 by The Customers Bank reported 15 jobs and $107,400 was used to fund payroll.

Piston ring and machine company inc is Existing or more than 2 years old

PISTON RING AND MACHINE COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PISTON RING AND MACHINE COMPANY INC

Borrower Address

1218 John Small Avenue

Borrower City

Washington

Borrower State

NC

Borrower Zip

27889

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107400.00

Current Approval Amount

107400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

BEAUFORT

Project State

NC

Project Zip

27889-0001

CD

NC-03

Jobs Reported

15

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107400.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108029.69

Forgiveness Date

12/08/2020

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