Pennreach Inc.

$1,413,113 PPP Loan in Allentown, New Jersey

Loan Details

Loan Number
1017767207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,413,113
Current Approval
$1,413,113
Forgiveness Amount
$1,422,277
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pennreach Inc.
Address
18 South Main Street
ZIP Code
08501
Business Type
Professional Association
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$1,059,834
Utilities
$176,639
Mortgage Interest
$176,639

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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