# PPP loan: ALLEN RUBBER CO. INC.
> **$590K** approved 01/26/2021 · Paid in Full · Loan `6157038310`
## Borrower
- **Name:** ALLEN RUBBER CO. INC.
- **Address:** 7259 Hasbrook Ave, Philadelphia, PA, 19111-6201
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $594K (101%)
- **Forgiveness date:** 11/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $590K
- **Jobs reported:** 44
## 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*