# PPP loan: AMERSI ENTERPRISE 1 INC
> **$257K** approved 03/23/2021 · Paid in Full · Loan `6508298604`
## Borrower
- **Name:** AMERSI ENTERPRISE 1 INC
- **Address:** 400 Canada St, Lake George, NY, 12845-1100
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Utilities:** $1
- **Jobs reported:** 68
## Lender
- **Originating:** Glens Falls National Bank and Trust Company
- **Servicing:** Glens Falls National Bank and Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*