# PPP loan: PENNETTA INDUSTRIAL AUTOMATION LLC
> **$642K** approved 01/29/2021 · Paid in Full · Loan `8519478310`
## Borrower
- **Name:** PENNETTA INDUSTRIAL AUTOMATION LLC
- **Address:** 17 Industrial Ave, Little Ferry, NJ, 07643-1901
- **NAICS:** 238220
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $648K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $642K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*