PPP Loan information for Penco corporation

$899,600

Penco corporation was initially approved for PPP Loan of amount $899,600, the current approved amount is $899,600. The loan was approved on 04/12/2020 by The Manufacturers and Traders Trust Company reported 88 jobs and $899,600 was used to fund payroll.

Penco corporation is Existing or more than 2 years old

PPP Loan Search / DE / SEAFORD / Penco corporation

PENCO CORPORATION

Date Approved

04/12/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

PENCO CORPORATION

Borrower Address

1503 West Stein Highway

Borrower City

SEAFORD

Borrower State

DE

Borrower Zip

19973-1198

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899600.00

Current Approval Amount

899600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEAFORD

Project County Name

SUSSEX

Project State

DE

Project Zip

19973-1198

CD

DE-

Jobs Reported

88

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

680000.00

Mortgage Interest Proceed

19600.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

85000.00

Debt Interest Proceed

20000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

904406.08

Forgiveness Date

11/05/2020

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