# PPP loan: WILLIAM PENN MANAGEMENT COMPANY INC
> **$1.25M** approved 01/28/2021 · Paid in Full · Loan `7461908310`
## Borrower
- **Name:** WILLIAM PENN MANAGEMENT COMPANY INC
- **Address:** 1017 Dekalb Pike, Gwynedd, PA, 19436
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $1
- **Jobs reported:** 171
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*