# PPP loan: ALBRIGHT PRECISION INC
> **$220K** approved 04/07/2020 · Paid in Full · Loan `7065847002`
## Borrower
- **Name:** ALBRIGHT PRECISION INC
- **Address:** 4 ROCKY GLEN RD, AVOCA, PA, 18641-9537
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 25
## Lender
- **Originating:** Fidelity Deposit and Discount Bank
- **Servicing:** Fidelity Deposit and Discount Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*