# PPP loan: XERON CLINICAL LABORATORIES INC.
> **$485K** approved 04/15/2020 · Paid in Full · Loan `2266547206`
## Borrower
- **Name:** XERON CLINICAL LABORATORIES INC.
- **Address:** 3520 Progress Drive Suite C, BENSALEM, PA, 19020-5810
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Jobs reported:** 30
## Lender
- **Originating:** Ambler Savings Bank
- **Servicing:** Ambler Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*