# PPP loan: IPEG INC
> **$6.85M** approved 04/08/2020 · Paid in Full · Loan `7924007007`
## Borrower
- **Name:** IPEG INC
- **Address:** 200 W KENSINGER DR, CRANBERRY TOWNSHIP, PA, 16066-3422
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.85M
- **Initial approval:** $6.85M
- **Forgiven:** $6.93M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.85M
- **Jobs reported:** 455
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*