# PPP loan: H.O. PENN MACHINERY COMPANY INC.
> **$10.00M** approved 04/12/2020 · Paid in Full · Loan `3776997108`
## Borrower
- **Name:** H.O. PENN MACHINERY COMPANY INC.
- **Address:** 122 Noxon Road 0.0, Poughkeepsie, NY, 12603-2940
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.12M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 423
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*