PPP Loan information for Penny transportation inc

$1,172,460

Penny transportation inc was initially approved for PPP Loan of amount $1,172,460, the current approved amount is $1,172,460. The loan was approved on 05/12/2021 by The Customers Bank reported 163 jobs and $1,172,460 was used to fund payroll.

Penny transportation inc is Existing or more than 2 years old

PENNY TRANSPORTATION INC

Date Approved

05/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

PENNY TRANSPORTATION INC

Borrower Address

3100 Cropsey Ave N/A

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11224-2702

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1172460.00

Current Approval Amount

1172460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11224-2702

CD

NY-08

Jobs Reported

163

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1172457.00

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

Subchapter S Corporation

Originating Lender Location Id

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1184377.33

Forgiveness Date

07/07/2022

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