# PPP loan: PENNSY CORPORATION
> **$194K** approved 04/11/2020 · Paid in Full · Loan `3575927102`
## Borrower
- **Name:** PENNSY CORPORATION
- **Address:** 515 S. Franklin St, WEST CHESTER, PA, 19382-3725
- **NAICS:** 488210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $198K (102%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $39K
- **Jobs reported:** 9
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*