PPP Loan information for Penn compression moulding, inc.

$887,547

Penn compression moulding, inc. was initially approved for PPP Loan of amount $887,547, the current approved amount is $887,547. The loan was approved on 06/19/2020 by The PNC Bank, National Association reported 127 jobs and $887,547 was used to fund payroll.

Penn compression moulding, inc. is Existing or more than 2 years old

PENN COMPRESSION MOULDING, INC.

Date Approved

06/19/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PENN COMPRESSION MOULDING, INC.

Borrower Address

309 COMPONENTS DR

Borrower City

SMITHFIELD

Borrower State

NC

Borrower Zip

27577-6030

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

887547.00

Current Approval Amount

887547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

JOHNSTON

Project State

NC

Project Zip

27577-6030

CD

NC-13

Jobs Reported

127

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

885547.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

895288.38

Forgiveness Date

05/04/2021

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