# PPP loan: ERGOSCIENCE, INC
> **$226K** approved 04/28/2020 · Paid in Full · Loan `1504737304`
## Borrower
- **Name:** ERGOSCIENCE, INC
- **Address:** 201 Office Park Dr Ste 150, BIRMINGHAM, AL, 35223
- **NAICS:** 621340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 19
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*