PPP Loan information for W. pennings & sons inc.

$501,605

W. pennings & sons inc. was initially approved for PPP Loan of amount $501,605, the current approved amount is $501,605. The loan was approved on 02/11/2021 by The First National Bank of Michigan reported 48 jobs and $501,605 was used to fund payroll.

W. pennings & sons inc. is Existing or more than 2 years old

W. PENNINGS & SONS INC.

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

W. PENNINGS & SONS INC.

Borrower Address

5829 W Kl Ave

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49009-9140

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

501605.00

Current Approval Amount

501605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-9140

CD

MI-04

Jobs Reported

48

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

501602.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504642.12

Forgiveness Date

09/22/2021

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