PPP Loan information for Weldon machine tool inc

$607,900

Weldon machine tool inc was initially approved for PPP Loan of amount $607,900, the current approved amount is $607,900. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 38 jobs and $607,900 was used to fund payroll.

Weldon machine tool inc is Existing or more than 2 years old

PPP Loan Search / PA / YORK / Weldon machine tool inc

WELDON MACHINE TOOL INC

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WELDON MACHINE TOOL INC

Borrower Address

425 E BERLIN RD

Borrower City

YORK

Borrower State

PA

Borrower Zip

17408-8810

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607900.00

Current Approval Amount

607900.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

YORK

Project County Name

YORK

Project State

PA

Project Zip

17408-8810

CD

PA-10

Jobs Reported

38

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

607900.00

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

612543.68

Forgiveness Date

01/19/2021

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