PPP Loan information for Penn tool co inc

$193,965

Penn tool co inc was initially approved for PPP Loan of amount $193,965, the current approved amount is $193,965. The loan was approved on 04/30/2020 by The WebBank reported 15 jobs and $193,965 was used to fund payroll.

Penn tool co inc is Existing or more than 2 years old

PPP Loan Search / NJ / MAPLEWOOD / Penn tool co inc

PENN TOOL CO INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PENN TOOL CO INC

Borrower Address

1776 SPRINGFIELD AVE

Borrower City

MAPLEWOOD

Borrower State

NJ

Borrower Zip

07040

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193965.00

Current Approval Amount

193965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLEWOOD

Project County Name

ESSEX

Project State

NJ

Project Zip

07040-0001

CD

NJ-11

Jobs Reported

15

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193965.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196561.98

Forgiveness Date

08/26/2021

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