# PPP loan: ROSCOM INC.
> **$503K** approved 01/27/2021 · Paid in Full · Loan `7050228302`
## Borrower
- **Name:** ROSCOM INC.
- **Address:** 2925 State Rd, Croydon, PA, 19021-6960
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $503K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*