# PPP loan: ALBAUGH MASONRY STONE AND TILE, INC
> **$1.07M** approved 04/16/2020 · Paid in Full · Loan `3068577208`
## Borrower
- **Name:** ALBAUGH MASONRY STONE AND TILE, INC
- **Address:** 4422 CLINTONVILLE ROAD, WATERFORD, MI, 48329
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 69
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*