Performance Friction Corporation

$2,000,000 PPP Loan in Clover, South Carolina

Loan Details

Loan Number
5771598407
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,616
Forgiveness Date
Feb 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Performance Friction Corporation
Address
83 Carbon Metallic Hwy
City
Clover
ZIP Code
29710-9610
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
245
Estimated Revenue
$59.9M
Rural/Urban
Urban
Congressional District
SC-05

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Readycap Lending, LLC
Originating Lender
Readycap Lending, LLC

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