# PPP loan: J. G. PETRUCCI, CO., INC.
> **$348K** approved 04/06/2020 · Paid in Full · Loan `5829247001`
## Borrower
- **Name:** J. G. PETRUCCI, CO., INC.
- **Address:** 171 Route 173, ASBURY, NJ, 08802-0080
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 24
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*