# PPP loan: PENINSULA ACOUSTICAL CO. INC.
> **$390K** approved 02/03/2021 · Paid in Full · Loan `2607708408`
## Borrower
- **Name:** PENINSULA ACOUSTICAL CO. INC.
- **Address:** 441 Pier Head Blvd, Smyrna, DE, 19977-8205
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $390K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*