# PPP loan: UTCRAS, LLC
> **$1.37M** approved 04/13/2020 · Paid in Full · Loan `5469597105`
## Borrower
- **Name:** UTCRAS, LLC
- **Address:** 501 Highland Ave, MORTON, PA, 19070-1196
- **NAICS:** 336510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $103K
- **Mortgage interest:** $91K
- **Utilities:** $57K
- **Jobs reported:** 106
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*