# PPP loan: AMERICAN INDUSTRIAL SUPPLY CORPORATION INC.
> **$460K** approved 04/30/2020 · Paid in Full · Loan `6432757302`
## Borrower
- **Name:** AMERICAN INDUSTRIAL SUPPLY CORPORATION INC.
- **Address:** 351 SMITH ST, PERTH AMBOY, NJ, 08861-3921
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Jobs reported:** 28
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*