# PPP loan: ASCENDUM MACHINERY INC
> **$4.35M** approved 04/27/2020 · Paid in Full · Loan `6068797208`
## Borrower
- **Name:** ASCENDUM MACHINERY INC
- **Address:** 9115 Harris Corners Parkway Suite 450, CHARLOTTE, NC, 28269
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $4.35M
- **Initial approval:** $4.35M
- **Forgiven:** $4.40M (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.35M
- **Jobs reported:** 274
## 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*