# PPP loan: AMERWAY INCORPORATED
> **$256K** approved 02/05/2021 · Paid in Full · Loan `3854418406`
## Borrower
- **Name:** AMERWAY INCORPORATED
- **Address:** 3701 Beale Ave, Altoona, PA, 16601-1317
- **NAICS:** 331491
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** 1st Summit Bank
- **Servicing:** 1st Summit Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*