# PPP loan: PENCIL FOUNDATION
> **$223K** approved 04/14/2020 · Paid in Full · Loan `7162817104`
## Borrower
- **Name:** PENCIL FOUNDATION
- **Address:** 7199 COCKRILL BEND BLVD, NASHVILLE, TN, 37209
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Jobs reported:** 22
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*