PPP Loan information for Michael f ronca & sons inc

$2,406,000

Michael f ronca & sons inc was initially approved for PPP Loan of amount $2,406,000, the current approved amount is $2,406,000. The loan was approved on 04/03/2020 by The Peoples Security Bank and Trust Company reported 126 jobs and $2,406,000 was used to fund payroll.

Michael f ronca & sons inc is Existing or more than 2 years old

MICHAEL F RONCA & SONS INC

Date Approved

04/03/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MICHAEL F RONCA & SONS INC

Borrower Address

179 Mikron Rd

Borrower City

BETHLEHEM

Borrower State

PA

Borrower Zip

18020-9476

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2406000.00

Current Approval Amount

2406000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHLEHEM

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18020-9476

CD

PA-07

Jobs Reported

126

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2406000.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2434337.33

Forgiveness Date

06/09/2021

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