# PPP loan: PENNEY DESIGN GROUP, LLC
> **$427K** approved 04/07/2020 · Paid in Full · Loan `7072467004`
## Borrower
- **Name:** PENNEY DESIGN GROUP, LLC
- **Address:** 8120 WOODMONT AVE Suite 410, BETHESDA, MD, 20814-2706
- **NAICS:** 541310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 30
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*