PPP Loan information for Performance friction corporation

$2,000,000

Performance friction corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/09/2021 by The Readycap Lending, LLC reported 245 jobs and $2,000,000 was used to fund payroll.

Performance friction corporation is Existing or more than 2 years old

PPP Loan Search / SC / Clover / Performance friction corporation

PERFORMANCE FRICTION CORPORATION

Date Approved

02/09/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PERFORMANCE FRICTION CORPORATION

Borrower Address

83 Carbon Metallic Hwy

Borrower City

Clover

Borrower State

SC

Borrower Zip

29710-9610

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clover

Project County Name

YORK

Project State

SC

Project Zip

29710-9610

CD

SC-05

Jobs Reported

245

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019616.44

Forgiveness Date

02/17/2022

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