Penn Equipment & Tool Corporation

$92,100 PPP Loan in Dravosburg, Pennsylvania

Loan Details

Loan Number
7928687205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$92,100
Current Approval
$92,100
Forgiveness Amount
$92,827
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Penn Equipment & Tool Corporation
Address
207 Washington Ave
ZIP Code
15034-1109
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-12

Loan Use Breakdown

Payroll
$78,100
Rent
$6,500
Utilities
$3,000
Debt Interest
$4,500

Lender Information

Servicing Lender
First Commonwealth Bank
Originating Lender
First Commonwealth Bank

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