ACR MACHINE INC (PA) - 2020 PPP Loan Borrower Profile (# 5297897202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACR MACHINE INC. 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 Pennsylvania.

Loan Detail

Loan Number

5297897202

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$248,316.87

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$250,561.93

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

248,316.87

Lender

Old Dominion National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333517

Borrower Location

Coatesville, PA

Project Location

Coatesville, PA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.