# PPP loan: RALPH S ALBERTS CO INC
> **$1.06M** approved 04/14/2020 · Paid in Full · Loan `6575037110`
## Borrower
- **Name:** RALPH S ALBERTS CO INC
- **Address:** 60 CHOATE CIR, MONTOURSVILLE, PA, 17754-9791
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 80
## Lender
- **Originating:** AmeriServ Financial Bank
- **Servicing:** AmeriServ Financial Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*