# PPP loan: MICHAEL F. RONCA & SONS INC
> **$2.00M** approved 01/20/2021 · Paid in Full · Loan `2239348304`
## Borrower
- **Name:** MICHAEL F. RONCA & SONS INC
- **Address:** 179 Mikron Rd, Bethlehem, PA, 18020-9476
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*