# PPP loan: PENCIL, INC
> **$378K** approved 04/27/2020 · Paid in Full · Loan `3729357210`
## Borrower
- **Name:** PENCIL, INC
- **Address:** 30 W 26th St 5th Floor, NEW YORK, NY, 10010-2074
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $380K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Jobs reported:** 21
## Lender
- **Originating:** VISIONBank
- **Servicing:** VISIONBank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*