ALLEN RUBBER COMPANY, INC. (PA) - 2020 PPP Loan Borrower Profile (# 7271727002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN RUBBER COMPANY, 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 Pennsylvania.

Loan Detail

Loan Number

7271727002

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$589,600

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$593,783.74

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

29,480

Payroll Proced

471,680

Rent Proceed

29,480

Health Care Proceed

58,960

Lender

Meridian Bank

Business Detail

Business Type

Corporation

NAICS

423130

Borrower Location

PHILADELPHIA, PA

Project Location

PHILADELPHIA, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.