# PPP loan: SOMERDALE COLLISION INC
> **$161K** approved 05/01/2020 · Exemption 4 · Loan `6762227702`
## Borrower
- **Name:** SOMERDALE COLLISION INC
- **Address:** 21 W MAPLE AVE, BELLMAWR, NJ, 08031
- **NAICS:** 811121
- **Business type:** Partnership
- **Business age:** Unanswered
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $152K (95%)
- **Forgiveness date:** 03/30/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 13
## 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*