# PPP loan: ASHBY MANAGEMENT CORPORATION
> **$265K** approved 04/08/2020 · Exemption 4 · Loan `8080627009`
## Borrower
- **Name:** ASHBY MANAGEMENT CORPORATION
- **Address:** 108 W MAIN ST, NEWARK, DE, 19711-3229
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $164K (62%)
- **Forgiveness date:** 06/11/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 9
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*