PPP Loan information for Penn power group, llc

$9,281,800

Penn power group, llc was initially approved for PPP Loan of amount $9,281,800, the current approved amount is $9,281,800. The loan was approved on 04/08/2020 by The First Commonwealth Bank reported 500 jobs and $9,281,800 was used to fund payroll.

Penn power group, llc is Existing or more than 2 years old

PENN POWER GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENN POWER GROUP, LLC

Borrower Address

8330 STATE RD

Borrower City

PHILADELPHIA

Borrower State

PA

Borrower Zip

19136-2986

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9281800.00

Current Approval Amount

9281800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHILADELPHIA

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19136-2986

CD

PA-02

Jobs Reported

500

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9281800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9388349.98

Forgiveness Date

06/11/2021

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