# PPP loan: SYNCRO CORPORATION
> **$916K** approved 04/07/2020 · Paid in Full · Loan `6722517004`
## Borrower
- **Name:** SYNCRO CORPORATION
- **Address:** 1030 Sundown Drive NW, ARAB, AL, 35016-2000
- **NAICS:** 336340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $916K
- **Initial approval:** $916K
- **Forgiven:** $923K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $916K
- **Jobs reported:** 113
## Lender
- **Originating:** Peoples Bank of Alabama
- **Servicing:** Peoples Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*