# PPP loan: PN AUTOMATION INC
> **$209K** approved 04/15/2020 · Paid in Full · Loan `8385547108`
## Borrower
- **Name:** PN AUTOMATION INC
- **Address:** 1521 South Edgewood Street, Halethorpe, MD, 21227
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $10K
- **Mortgage interest:** $1K
- **Utilities:** $500
- **Health care:** $7K
- **Debt interest:** $250
- **Jobs reported:** 17
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*