# PPP loan: MICHAEL J. PENN
> **$363K** approved 06/26/2020 · Paid in Full · Loan `4500838008`
## Borrower
- **Name:** MICHAEL J. PENN
- **Address:** 20100 Outer Drive, DEARBORN, MI, 48124-2647
- **NAICS:** 541211
- **Business type:** Sole Proprietorship
- **Business age:** Unanswered
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $243K (67%)
- **Forgiveness date:** 07/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $363K
- **Jobs reported:** 1
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*