# PPP loan: SPECIALTY VERMICULITE CORP
> **$1.19M** approved 05/01/2020 · Paid in Full · Loan `6307327706`
## Borrower
- **Name:** SPECIALTY VERMICULITE CORP
- **Address:** 1 Belmont Ave Ste 500, Bala Cynwyd, PA, 19004
- **NAICS:** 212399
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.23M (103%)
- **Forgiveness date:** 01/25/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Jobs reported:** 90
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*