# PPP loan: AMERICAN CONSOLIDATED MFG. CO. INC.
> **$263K** approved 01/23/2021 · Paid in Full · Loan `5050498303`
## Borrower
- **Name:** AMERICAN CONSOLIDATED MFG. CO. INC.
- **Address:** 2 Union Hill Rd Ste B, Conshohocken, PA, 19428-2701
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*