# PPP loan: ALBRECO, INC.
> **$562K** approved 04/10/2020 · Paid in Full · Loan `2336827105`
## Borrower
- **Name:** ALBRECO, INC.
- **Address:** 1040 TECHNE CENTER DR, MILFORD, OH, 45150-2731
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Jobs reported:** 50
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*