# PPP loan: UNIVERSAL SYNERGETICS INC
> **$495K** approved 05/01/2020 · Paid in Full · Loan `6761157703`
## Borrower
- **Name:** UNIVERSAL SYNERGETICS INC
- **Address:** 5 E STOW RD, MARLTON, NJ, 08053
- **NAICS:** 711190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Jobs reported:** 32
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*