PPP Loan information for Penz products, inc

$439,900

Penz products, inc was initially approved for PPP Loan of amount $439,900, the current approved amount is $439,900. The loan was approved on 04/10/2020 by The Northwest Bank reported 48 jobs and $439,900 was used to fund payroll.

Penz products, inc is Existing or more than 2 years old

PPP Loan Search / IN / MISHAWAKA / Penz products, inc

PENZ PRODUCTS, INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PENZ PRODUCTS, INC

Borrower Address

1320 S MERRIFIELD AVE

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46544-5709

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439900.00

Current Approval Amount

439900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-5709

CD

IN-02

Jobs Reported

48

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

29200.00

Payroll Proceed

351960.08

Mortgage Interest Proceed

0.00

Rent Proceed

58739.92

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

442539.40

Forgiveness Date

11/20/2020

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