Penn Compression Moulding, Inc.

$887,547 PPP Loan in Smithfield, North Carolina

Loan Details

Loan Number
9086587909
Date Approved
Jun 19, 2020
Loan Status
Paid in Full
Initial Approval
$887,547
Current Approval
$887,547
Forgiveness Amount
$895,288
Forgiveness Date
May 4, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Penn Compression Moulding, Inc.
Address
309 Components Dr
ZIP Code
27577-6030
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$126.0M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$885,547
Rent
$1,000
Utilities
$1,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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