# PPP loan: ALBION ENGINEERING CO
> **$337K** approved 04/14/2020 · Paid in Full · Loan `5997657103`
## Borrower
- **Name:** ALBION ENGINEERING CO
- **Address:** 1250 N CHURCH ST, MOORESTOWN, NJ, 08057-1102
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Jobs reported:** 30
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*