# PPP loan: RALPH S. ALBERTS CO. INC
> **$977K** approved 02/02/2021 · Paid in Full · Loan `1662408410`
## Borrower
- **Name:** RALPH S. ALBERTS CO. INC
- **Address:** 60 Choate Cir, Montoursville, PA, 17754-9791
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $977K
- **Initial approval:** $977K
- **Forgiven:** $986K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $977K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** AmeriServ Financial Bank
- **Servicing:** AmeriServ Financial Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*