New Way Machine Components INC

$977,800 PPP Loan in Aston, Pennsylvania

Loan Details

Loan Number
4463827107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$977,800
Current Approval
$977,800
Forgiveness Amount
$985,161
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Way Machine Components INC
Address
50 Mcdonald Blvd
City
Aston
ZIP Code
19014-3202
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$977,800

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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