# PPP loan: PENCIL, INC
> **$382K** approved 01/16/2021 · Paid in Full · Loan `1183058306`
## Borrower
- **Name:** PENCIL, INC
- **Address:** 30 W 26th St Fl 5, New York, NY, 10010-2074
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $384K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $382K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** VISIONBank
- **Servicing:** VISIONBank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*