# PPP loan: PENN JERSEY PAPER CO.
> **$6.39M** approved 04/06/2020 · Paid in Full · Loan `5961797010`
## Borrower
- **Name:** PENN JERSEY PAPER CO.
- **Address:** 9355 BLUE GRASS RD, PHILADELPHIA, PA, 19114-2311
- **NAICS:** 424130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.39M
- **Initial approval:** $6.39M
- **Forgiven:** $6.47M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.39M
- **Jobs reported:** 464
## 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*