# PPP loan: PENNY NEWMAN GRAIN COMPANY
> **$2.98M** approved 04/11/2020 · Paid in Full · Loan `3418087106`
## Borrower
- **Name:** PENNY NEWMAN GRAIN COMPANY
- **Address:** 2691 S CEDAR AVE, FRESNO, CA, 93725-2032
- **NAICS:** 424510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.98M
- **Initial approval:** $2.98M
- **Forgiven:** $3.01M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.98M
- **Jobs reported:** 190
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*