PPP Loan information for Penelope inc

$432,500

Penelope inc was initially approved for PPP Loan of amount $432,500, the current approved amount is $432,500. The loan was approved on 04/06/2020 by The First National Bank reported 62 jobs and $432,500 was used to fund payroll.

Penelope inc is Existing or more than 2 years old

PPP Loan Search / VA / APPOMATTOX / Penelope inc

PENELOPE INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PENELOPE INC

Borrower Address

286 Industrial Park Lanee

Borrower City

APPOMATTOX

Borrower State

VA

Borrower Zip

24522

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432500.00

Current Approval Amount

432500.00

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

N

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

24522-0001

CD

VA-05

Jobs Reported

62

NAICS Code

448120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

346000.00

Mortgage Interest Proceed

0.00

Rent Proceed

74500.00

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

425351.88

Forgiveness Date

12/17/2020

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