# PPP loan: PENINGTON PAINTING COMPANY, LLC
> **$2.38M** approved 05/01/2020 · Paid in Full · Loan `1602757706`
## Borrower
- **Name:** PENINGTON PAINTING COMPANY, LLC
- **Address:** 6313 W COMMONWEALTH PL, CHANDLER, AZ, 85226
- **NAICS:** 238320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.38M
- **Initial approval:** $2.38M
- **Forgiven:** $2.41M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.23M
- **Rent:** $64K
- **Mortgage interest:** $9K
- **Utilities:** $17K
- **Health care:** $41K
- **Debt interest:** $23K
- **Jobs reported:** 345
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*