PPP Loan information for Penelope inc

$426,556

Penelope inc was initially approved for PPP Loan of amount $426,556, the current approved amount is $426,556. The loan was approved on 02/05/2021 by The First National Bank reported 62 jobs and $426,556 was used to fund payroll.

Penelope inc is Existing or more than 2 years old

PENELOPE INC

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PENELOPE INC

Borrower Address

286 Industrial Park

Borrower City

Appomattox

Borrower State

VA

Borrower Zip

24522

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

426555.82

Current Approval Amount

426555.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Appomattox

Project County Name

APPOMATTOX

Project State

VA

Project Zip

24522

CD

VA-05

Jobs Reported

62

NAICS Code

448120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

426553.82

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428972.97

Forgiveness Date

09/07/2021

;