PPP Loan information for Penn elcom inc.

$530,750

Penn elcom inc. was initially approved for PPP Loan of amount $530,750, the current approved amount is $530,750. The loan was approved on 03/31/2021 by The Cathay Bank reported 44 jobs and $530,750 was used to fund payroll.

Penn elcom inc. is Existing or more than 2 years old

PENN ELCOM INC.

Date Approved

03/31/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

PENN ELCOM INC.

Borrower Address

7465 Lampson Ave

Borrower City

Garden Grove

Borrower State

CA

Borrower Zip

92841-2903

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

530750.00

Current Approval Amount

530750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5536

Servicing Lender Name

Cathay Bank

Servicing Lender Address

777 N Broadway

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90012-2819

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garden Grove

Project County Name

ORANGE

Project State

CA

Project Zip

92841-2903

CD

CA-45

Jobs Reported

44

NAICS Code

423990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

530745.00

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

5536

Originating Lender

Cathay Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

536784.55

Forgiveness Date

05/26/2022

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