Penny INC

$40,400 PPP Loan in Roscoe, Illinois

Loan Details

Loan Number
9767707010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$40,400
Current Approval
$40,400
Forgiveness Amount
$40,696
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Penny INC
Address
5755 Elevator Rd
City
Roscoe
ZIP Code
61073-8877
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$33,000
Rent
$6,000
Utilities
$1,400

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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