# PPP loan: REYNOLDS ADVANCED MATERIAL U S INC
> **$1.06M** approved 04/13/2020 · Paid in Full · Loan `5466077107`
## Borrower
- **Name:** REYNOLDS ADVANCED MATERIAL U S INC
- **Address:** 5600 LOWER MACUNGIE RD, MACUNGIE, PA, 18062-9030
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 79
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*