# PPP loan: ADELPHIA GRAPHIC SYSTEMS, INC.
> **$374K** approved 04/14/2020 · Paid in Full · Loan `5839217105`
## Borrower
- **Name:** ADELPHIA GRAPHIC SYSTEMS, INC.
- **Address:** 302 Commerce Drive, EXTON, PA, 19341-2606
- **NAICS:** 339950
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Rent:** $36K
- **Mortgage interest:** $7K
- **Utilities:** $12K
- **Jobs reported:** 30
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*