# PPP loan: PENSEC, INC
> **$1.52M** approved 04/13/2020 · Paid in Full · Loan `5436777104`
## Borrower
- **Name:** PENSEC, INC
- **Address:** 1492 W Mequon Road, Mequon, WI, 53092-3268
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.48M (97%)
- **Forgiveness date:** 08/09/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 481
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*