PPP Loan information for Churchmen's machine company

$234,100

Churchmen's machine company was initially approved for PPP Loan of amount $234,100, the current approved amount is $234,100. The loan was approved on 04/28/2020 by The Franklin Mint FCU reported 15 jobs and $234,100 was used to fund payroll.

Churchmen's machine company is Existing or more than 2 years old

CHURCHMEN'S MACHINE COMPANY

Date Approved

04/28/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CHURCHMEN'S MACHINE COMPANY

Borrower Address

401 Brookside Avenue

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19805

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234100.00

Current Approval Amount

234100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104147

Servicing Lender Name

Franklin Mint FCU

Servicing Lender Address

5 Hillman Dr

Servicing Lender City

CHADDS FORD

Servicing Lender State

PA

Servicing Lender Zip

19317-9752

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19805-0500

CD

DE-

Jobs Reported

15

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

174100.00

Mortgage Interest Proceed

12500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

104147

Originating Lender

Franklin Mint FCU

Originating Lender City

CHADDS FORD

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

236480.02

Forgiveness Date

05/07/2021

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