PPP Loan information for Performance friction corporation

$2,177,000

Performance friction corporation was initially approved for PPP Loan of amount $2,735,800, the current approved amount is $2,177,000. The loan was approved on 04/14/2020 by The Customers Bank reported 245 jobs and $2,177,000 was used to fund payroll.

Performance friction corporation is Existing or more than 2 years old

PPP Loan Search / SC / Clover / Performance friction corporation

PERFORMANCE FRICTION CORPORATION

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PERFORMANCE FRICTION CORPORATION

Borrower Address

83 Carbon Metallic Highway

Borrower City

Clover

Borrower State

SC

Borrower Zip

29710

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2735800.00

Current Approval Amount

2177000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clover

Project County Name

YORK

Project State

SC

Project Zip

29710-0001

CD

SC-05

Jobs Reported

245

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2177000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2201513.62

Forgiveness Date

06/17/2021

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