PPP Loan information for Pacon manufacturing corporation

$1,997,800

Pacon manufacturing corporation was initially approved for PPP Loan of amount $1,997,800, the current approved amount is $1,997,800. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 197 jobs and $1,997,800 was used to fund payroll.

Pacon manufacturing corporation is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Pacon manufacturing corporation

PACON MANUFACTURING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PACON MANUFACTURING CORPORATION

Borrower Address

400 PIERCE ST

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873-1216

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1997800.00

Current Approval Amount

1997800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1216

CD

NJ-12

Jobs Reported

197

NAICS Code

322219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1997800.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021171.52

Forgiveness Date

06/16/2021

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