# PPP loan: ACKLEY MACHINE CORPORATION
> **$621K** approved 04/10/2020 · Paid in Full · Loan `1322177105`
## Borrower
- **Name:** ACKLEY MACHINE CORPORATION
- **Address:** 1273 N. Church Street, MOORESTOWN, NJ, 08057-1115
- **NAICS:** 333912
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Jobs reported:** 32
## Lender
- **Originating:** 1st Colonial Community Bank
- **Servicing:** 1st Colonial Community Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*