# PPP loan: PEP-UP INC
> **$1.45M** approved 02/19/2021 · Paid in Full · Loan `1540038506`
## Borrower
- **Name:** PEP-UP INC
- **Address:** 24987 DuPont Blvd, Georgetown, DE, 19947-2623
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 158
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*