# PPP loan: ADLER & SONS, INC
> **$220K** approved 04/05/2020 · Paid in Full · Loan `5118497010`
## Borrower
- **Name:** ADLER & SONS, INC
- **Address:** 330 DUTCHTOWN RD, BUTLER, PA, 16002-0620
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $55K
- **Jobs reported:** 18
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*