# PPP loan: PEL INDUSTRIES INC.
> **$209K** approved 02/14/2021 · Paid in Full · Loan `8912398404`
## Borrower
- **Name:** PEL INDUSTRIES INC.
- **Address:** 2001 Town West Dr, Rogers, AR, 72756-2129
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $209K
- **Jobs reported:** 14
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*