# PPP loan: PENILLA IP, APC
> **$266K** approved 04/14/2020 · Paid in Full · Loan `6448257103`
## Borrower
- **Name:** PENILLA IP, APC
- **Address:** 710 Lakeway Drive 200, SUNNYVALE, CA, 94085
- **NAICS:** 541199
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 11
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*