# PPP loan: PROSSER LABORATORIES, INC.
> **$275K** approved 04/07/2020 · Paid in Full · Loan `7102667007`
## Borrower
- **Name:** PROSSER LABORATORIES, INC.
- **Address:** 104 Chipperfield Drive PO Box 118, EFFORT, PA, 18330-7946
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 26
## Lender
- **Originating:** Wayne Bank
- **Servicing:** Wayne Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*