# PPP loan: PELAS CORP
> **$732K** approved 02/09/2021 · Paid in Full · Loan `5889008400`
## Borrower
- **Name:** PELAS CORP
- **Address:** 417 N 8th St Ste 302 417 N 8th St Ste 302, Philadelphia, PA, 19123-3920
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $732K
- **Initial approval:** $732K
- **Forgiven:** $738K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $732K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*