PPP Loan information for Pennlake corporation

$295,500

Pennlake corporation was initially approved for PPP Loan of amount $295,500, the current approved amount is $295,500. The loan was approved on 04/06/2020 by The CNB Bank reported 46 jobs and $295,500 was used to fund payroll.

Pennlake corporation is Existing or more than 2 years old

PENNLAKE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PENNLAKE CORPORATION

Borrower Address

749 East 18th St

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16512-0924

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295500.00

Current Approval Amount

295500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59954

Servicing Lender Name

CNB Bank

Servicing Lender Address

31 S Second St

Servicing Lender City

CLEARFIELD

Servicing Lender State

PA

Servicing Lender Zip

16830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16512-0924

CD

PA-16

Jobs Reported

46

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29525.00

Payroll Proceed

236450.00

Mortgage Interest Proceed

29525.00

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

59954

Originating Lender

CNB Bank

Originating Lender City

CLEARFIELD

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

298948.85

Forgiveness Date

06/16/2021

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