# PPP loan: PENROSE MACHINING, INC.
> **$308K** approved 04/06/2020 · Paid in Full · Loan `6204947004`
## Borrower
- **Name:** PENROSE MACHINING, INC.
- **Address:** 2810 E US HIGHWAY 30, GRAND ISLAND, NE, 68801-8318
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 31
## Lender
- **Originating:** Home Federal Savings & Loan Association of Grand Island
- **Servicing:** Home Federal Savings & Loan Association of Grand Island (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*