# PPP loan: ARDEM INCORPORATED
> **$177K** approved 03/15/2021 · Paid in Full · Loan `2371248600`
## Borrower
- **Name:** ARDEM INCORPORATED
- **Address:** 41 Blackhorse Run, Belle Mead, NJ, 08502-4903
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*