# PPP loan: PENN STATION, INC
> **$581K** approved 04/07/2020 · Paid in Full · Loan `7015577006`
## Borrower
- **Name:** PENN STATION, INC
- **Address:** 1226 US Highway 50, MILFORD, OH, 45150-9518
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $581K
- **Initial approval:** $581K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $464K
- **Utilities:** $116K
- **Jobs reported:** 45
## Lender
- **Originating:** Forcht Bank, National Association
- **Servicing:** Forcht Bank, National Association (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*