# PPP loan: FERGUSON & MCCANN, INC.
> **$542K** approved 04/15/2020 · Paid in Full · Loan `2141147200`
## Borrower
- **Name:** FERGUSON & MCCANN, INC.
- **Address:** 270 Bodley Road, ASTON, PA, 19014
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $10K
- **Utilities:** $400
- **Jobs reported:** 26
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*