PPP Loan information for Penn station, inc

$580,500

Penn station, inc was initially approved for PPP Loan of amount $580,500, the current approved amount is $580,500. The loan was approved on 04/07/2020 by The Forcht Bank, National Association reported 45 jobs and $580,500 was used to fund payroll.

Penn station, inc is Existing or more than 2 years old

PENN STATION, INC

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

PENN STATION, INC

Borrower Address

1226 US Highway 50

Borrower City

MILFORD

Borrower State

OH

Borrower Zip

45150-9518

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580500.00

Current Approval Amount

580500.00

Undisbursed Amount

0.00

Franchise Name

Penn Station East Coast Subs

Servicing Lender Location Id

282649

Servicing Lender Name

Forcht Bank, National Association

Servicing Lender Address

2404 Sir Barton Way

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

CLERMONT

Project State

OH

Project Zip

45150-9518

CD

OH-02

Jobs Reported

45

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

116100.00

Payroll Proceed

464400.00

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

282649

Originating Lender

Forcht Bank, National Association

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

584305.50

Forgiveness Date

12/09/2020

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