PPP Loan information for Prompton tool inc

$843,102

Prompton tool inc was initially approved for PPP Loan of amount $843,102, the current approved amount is $843,102. The loan was approved on 04/07/2020 by The Wayne Bank reported 70 jobs and $843,102 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

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PROMPTON TOOL INC

Borrower Address

120 Sunrise Avenue

Borrower City

HONESDALE

Borrower State

PA

Borrower Zip

18431-1028

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

843102.00

Current Approval Amount

843102.00

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

18431-1028

CD

PA-08

Jobs Reported

70

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

843102.00

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

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

851954.57

Forgiveness Date

04/28/2021

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