PPP Loan information for Frankford machinery inc

$70,500

Frankford machinery inc was initially approved for PPP Loan of amount $70,500, the current approved amount is $70,500. The loan was approved on 04/30/2020 by The PNC Bank, National Association reported 7 jobs and $70,500 was used to fund payroll.

Frankford machinery inc is Unanswered

FRANKFORD MACHINERY INC

Date Approved

04/30/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FRANKFORD MACHINERY INC

Borrower Address

4500 TORRESDALE AVE

Borrower City

PHILA

Borrower State

PA

Borrower Zip

19124-3414

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

70500.00

Current Approval Amount

70500.00

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

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

PHILA

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19124-3414

CD

PA-02

Jobs Reported

7

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70500.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65937.98

Forgiveness Date

07/12/2021

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