# PPP loan: PENCO ACQUISITION COMPANY, LLC
> **$305K** approved 04/06/2020 · Paid in Full · Loan `6045617001`
## Borrower
- **Name:** PENCO ACQUISITION COMPANY, LLC
- **Address:** 2621 West Avenue, ASHTABULA, OH, 44004-3115
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 26
## Lender
- **Originating:** CNB Bank
- **Servicing:** CNB Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*