# PPP loan: OLDE TOWNE CONSTRUCTION COMPANY, INC.
> **$188K** approved 04/12/2020 · Exemption 4 · Loan `3805037102`
## Borrower
- **Name:** OLDE TOWNE CONSTRUCTION COMPANY, INC.
- **Address:** 1237 N. CHURCH ST, MOORESTOWN, NJ, 08057-1136
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $150K (80%)
- **Forgiveness date:** 04/14/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 9
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*