# PPP loan: ALORIS TOOL TECHNOLOGY CO., INC
> **$237K** approved 05/12/2020 · Paid in Full · Loan `5523967405`
## Borrower
- **Name:** ALORIS TOOL TECHNOLOGY CO., INC
- **Address:** 397-407 Getty Ave, Clifton, NJ, 07015-2121
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 23
## Lender
- **Originating:** The Bank of Princeton
- **Servicing:** The Bank of Princeton (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*