PPP Loan information for Penn weld inc.

$56,325

Penn weld inc. was initially approved for PPP Loan of amount $56,325, the current approved amount is $56,325. The loan was approved on 04/28/2020 by The Northwest Bank reported 6 jobs and $56,325 was used to fund payroll.

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

PENN WELD INC.

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PENN WELD INC.

Borrower Address

1057 French St

Borrower City

Meadville

Borrower State

PA

Borrower Zip

16335-3572

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56325.00

Current Approval Amount

56325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Meadville

Project County Name

CRAWFORD

Project State

PA

Project Zip

16335-3572

CD

PA-16

Jobs Reported

6

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56325.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

56693.81

Forgiveness Date

12/31/2020

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