PPP Loan information for Pennfab inc.

$490,245

Pennfab inc. was initially approved for PPP Loan of amount $490,245, the current approved amount is $490,245. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 33 jobs and $490,245 was used to fund payroll.

Pennfab inc. is Existing or more than 2 years old

PENNFAB INC.

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENNFAB INC.

Borrower Address

20 Steel Road South

Borrower City

Morrisville

Borrower State

PA

Borrower Zip

19067-3614

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

490245.00

Current Approval Amount

490245.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

BUCKS

Project State

PA

Project Zip

19067-3614

CD

PA-01

Jobs Reported

33

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61280.63

Payroll Proceed

367683.75

Mortgage Interest Proceed

0.00

Rent Proceed

61280.62

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

494316.76

Forgiveness Date

02/11/2021

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