# PPP loan: PRINCETEL INC
> **$987K** approved 03/24/2021 · Paid in Full · Loan `7744888600`
## Borrower
- **Name:** PRINCETEL INC
- **Address:** 1048 RIVER ROAD WASHINGTON CROSSING, WASHINGTON CROSSING, PA, 18977
- **NAICS:** 335921
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $987K
- **Initial approval:** $987K
- **Forgiven:** $996K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $987K
- **Utilities:** $1
- **Jobs reported:** 69
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*