# PPP loan: PENNY LANE MANAGEMENT LP
> **$524K** approved 04/18/2021 · Paid in Full · Loan `5788228800`
## Borrower
- **Name:** PENNY LANE MANAGEMENT LP
- **Address:** 568 Broadway, New York, NY, 10012-3225
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 05/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $524K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*