# PPP loan: NCM INC.
> **$281K** approved 01/16/2021 · Paid in Full · Loan `1283498306`
## Borrower
- **Name:** NCM INC.
- **Address:** 110 E Butler Ave, Ambler, PA, 19002-4426
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $281K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Ambler Savings Bank
- **Servicing:** Ambler Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*