# PPP loan: ALLENTOWN REFRIGERATED TERMINALS INC.
> **$561K** approved 04/11/2020 · Paid in Full · Loan `2863227104`
## Borrower
- **Name:** ALLENTOWN REFRIGERATED TERMINALS INC.
- **Address:** 125 SenecaTrail, Boyertown, PA, 19512
- **NAICS:** 493120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Mortgage interest:** $70K
- **Utilities:** $70K
- **Jobs reported:** 38
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*