# PPP loan: BANC3 ENGINEERING , INC.
> **$457K** approved 04/27/2020 · Paid in Full · Loan `3965697209`
## Borrower
- **Name:** BANC3 ENGINEERING , INC.
- **Address:** 300 ALEXANDER PARK 300, Princeton, NJ, 08540
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $56K
- **Utilities:** $58K
- **Jobs reported:** 31
## 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*