I picked up this little reel today because I liked the blue side plates. Couldn't find much on Google. Any info about it would be appreciated. Looks like a Penn to me
You found an old Lawrence. I believe it is a Model 240. Lawrence reels sometimes have the makers name on the tail plate and sometimes not. It is a 1957 reel. Here are some scans from the 1957 Lawrence catalog;
Your reel is in the lower left hand corner of the page.
The Blue side plates are made of Melmac, a popular Bakelite derivative used in the 1950 mostly for dinnerware.
I feel that Lawrence had some kind of agreement with Penn. The reels are very similar.