# PPP loan: PENNY INC
> **$225K** approved 04/28/2020 · Paid in Full · Loan `6953207209`
## Borrower
- **Name:** PENNY INC
- **Address:** 2 East 28th Division Highway, Lititz, PA, 17543-9689
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 50
## Lender
- **Originating:** Members 1st FCU
- **Servicing:** Members 1st FCU (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*