PPP Loan information for Penny inc

$225,000

Penny inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 04/28/2020 by The Members 1st FCU reported 50 jobs and $225,000 was used to fund payroll.

Penny inc is Existing or more than 2 years old

PENNY INC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PENNY INC

Borrower Address

2 East 28th Division Highway

Borrower City

Lititz

Borrower State

PA

Borrower Zip

17543-9689

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104409

Servicing Lender Name

Members 1st FCU

Servicing Lender Address

5000 Marketplace Way

Servicing Lender City

Enola

Servicing Lender State

PA

Servicing Lender Zip

17025-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lititz

Project County Name

LANCASTER

Project State

PA

Project Zip

17543-9689

CD

PA-11

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225000.00

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

Corporation

Originating Lender Location Id

104409

Originating Lender

Members 1st FCU

Originating Lender City

Enola

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226454.79

Forgiveness Date

12/30/2020

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