# PPP loan: RALPH J. ALBARANO & SONS INC.
> **$154K** approved 03/06/2021 · Paid in Full · Loan `7788448501`
## Borrower
- **Name:** RALPH J. ALBARANO & SONS INC.
- **Address:** 1873 Old Route 22, Duncansville, PA, 16635-5709
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** CNB Bank
- **Servicing:** CNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*