# PPP loan: GMG PEN L.L.C.
> **$497K** approved 02/08/2021 · Paid in Full · Loan `5514628402`
## Borrower
- **Name:** GMG PEN L.L.C.
- **Address:** 1205 Paco Way, Lakewood, NJ, 08701-6125
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $497K
- **Initial approval:** $497K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 07/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $497K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*