A. J. PENNA & SON CONSTRUCTION, INC. (CT) - 2020 PPP Loan Borrower Profile (# 5758847006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A. J. PENNA & SON CONSTRUCTION, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Connecticut.

Loan Detail

Loan Number

5758847006

SBA Office Code

0156

Processing Method

PPP

Curent Loan Amount

$762,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$768,767.12

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

38,125

Payroll Proced

610,000

Rent Proceed

114,375

Lender

Fairfield County Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238910

Borrower Location

WESTPORT, CT

Project Location

WESTPORT, CT

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.