# PPP loan: PENN EQUIPMENT CORPORATION
> **$219K** approved 04/14/2020 · Paid in Full · Loan `5974487108`
## Borrower
- **Name:** PENN EQUIPMENT CORPORATION
- **Address:** 15 MAIN ST, PORT CARBON, PA, 17965-1607
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 17
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*