# PPP loan: PENINSULA ENGINEERING INC
> **$569K** approved 04/10/2020 · Paid in Full · Loan `2583927108`
## Borrower
- **Name:** PENINSULA ENGINEERING INC
- **Address:** 2016 ALDEN RD, ORLANDO, FL, 32803-1404
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $573K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $534K
- **Rent:** $31K
- **Utilities:** $4K
- **Jobs reported:** 33
## Lender
- **Originating:** Cogent Bank
- **Servicing:** Cogent Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*