# PPP loan: POCONO TRANSCRETE,INC.
> **$350K** approved 04/15/2020 · Paid in Full · Loan `1018527207`
## Borrower
- **Name:** POCONO TRANSCRETE,INC.
- **Address:** 179 Burger Road, Blakeslee, PA, 18610
- **NAICS:** 327320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $13K
- **Mortgage interest:** $3K
- **Utilities:** $14K
- **Health care:** $42K
- **Debt interest:** $2K
- **Jobs reported:** 40
## 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*