# PPP loan: PENN SQUARE PARTNERS
> **$1.53M** approved 06/29/2020 · Paid in Full · Loan `5661238000`
## Borrower
- **Name:** PENN SQUARE PARTNERS
- **Address:** 25 S. Queen Street, Lancaster, PA, 17601
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.15M
- **Mortgage interest:** $282K
- **Utilities:** $100K
- **Jobs reported:** 102
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*