# PPP loan: PEMMCO MANUFACTURING, INC.
> **$760K** approved 04/12/2020 · Paid in Full · Loan `3704227101`
## Borrower
- **Name:** PEMMCO MANUFACTURING, INC.
- **Address:** 631 VETERANS LOOP RD, ASHEBORO, NC, 27205-0818
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $760K
- **Initial approval:** $760K
- **Forgiven:** $765K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $760K
- **Jobs reported:** 80
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*