PPP Loan information for Pencoyd iron works inc

$450,562

Pencoyd iron works inc was initially approved for PPP Loan of amount $450,562, the current approved amount is $450,562. The loan was approved on 02/26/2021 by The Customers Bank reported 14 jobs and $450,562 was used to fund payroll.

Pencoyd iron works inc is Existing or more than 2 years old

PENCOYD IRON WORKS INC

Date Approved

02/26/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PENCOYD IRON WORKS INC

Borrower Address

4 School Ln N/A

Borrower City

Folcroft

Borrower State

PA

Borrower Zip

19032-2400

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

450562.00

Current Approval Amount

450562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Folcroft

Project County Name

DELAWARE

Project State

PA

Project Zip

19032-2400

CD

PA-05

Jobs Reported

14

NAICS Code

238120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

450559.00

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

Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

454771.36

Forgiveness Date

02/15/2022

;