# PPP loan: PERFORMANCE INDUSTRIES INC
> **$653K** approved 04/10/2020 · Paid in Full · Loan `2278657103`
## Borrower
- **Name:** PERFORMANCE INDUSTRIES INC
- **Address:** 181 TRINITY WAY, SUMMERSVILLE, WV, 26651-4541
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Mortgage interest:** $120K
- **Utilities:** $11K
- **Jobs reported:** 44
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*