PPP Loan information for Prompton tool inc

$796,548

Prompton tool inc was initially approved for PPP Loan of amount $796,548, the current approved amount is $796,548. The loan was approved on 01/20/2021 by The Wayne Bank reported 64 jobs and $796,548 was used to fund payroll.

Prompton tool inc is Existing or more than 2 years old

PPP Loan Search / PA / Honesdale / Prompton tool inc

PROMPTON TOOL INC

Date Approved

01/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PROMPTON TOOL INC

Borrower Address

120 Sunrise Ave

Borrower City

Honesdale

Borrower State

PA

Borrower Zip

18431-1034

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

796547.50

Current Approval Amount

796547.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60383

Servicing Lender Name

Wayne Bank

Servicing Lender Address

717 Main St

Servicing Lender City

HONESDALE

Servicing Lender State

PA

Servicing Lender Zip

18431-1844

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Honesdale

Project County Name

WAYNE

Project State

PA

Project Zip

18431-1034

CD

PA-08

Jobs Reported

64

NAICS Code

336411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

796545.50

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

Corporation

Originating Lender Location Id

60383

Originating Lender

Wayne Bank

Originating Lender City

HONESDALE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

805552.91

Forgiveness Date

03/09/2022

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