# PPP loan: PENNY ARCADE INC.
> **$603K** approved 03/12/2021 · Paid in Full · Loan `9967398504`
## Borrower
- **Name:** PENNY ARCADE INC.
- **Address:** 9660 153rd Ave NE, Redmond, WA, 98052-2546
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 07/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $603K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*