CHURCHMEN'S MACHINE COMPANY (DE) - 2020 PPP Loan Borrower Profile (# 8514717206)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CHURCHMEN'S MACHINE COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
8514717206
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$234,100
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$236,480.02
Date Loan was Forgiven
May 7, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,500
Payroll Proced
174,100
Mortgage Interest Proceed
12,500
Health Care Proceed
45,000
Lender
Franklin Mint FCU
Business Detail
Business Type
Corporation
NAICS
332710
Borrower Location
Wilmington, DE
Project Location
Wilmington, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
15
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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