PPP Loan information for Penn foam corporation

$790,000

Penn foam corporation was initially approved for PPP Loan of amount $790,000, the current approved amount is $790,000. The loan was approved on 04/08/2020 by The Fulton Bank, National Association reported 65 jobs and $790,000 was used to fund payroll.

Penn foam corporation is Existing or more than 2 years old

PENN FOAM CORPORATION

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENN FOAM CORPORATION

Borrower Address

2625 MITCHELL AVE

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18103-6610

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

790000.00

Current Approval Amount

790000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18103-6610

CD

PA-07

Jobs Reported

65

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

79000.00

Payroll Proceed

592500.00

Mortgage Interest Proceed

0.00

Rent Proceed

118500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

795968.89

Forgiveness Date

01/19/2021

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