# PPP loan: CANAL WORKS ADVERTISING LLC
> **$186K** approved 04/09/2020 · Paid in Full · Loan `8976897001`
## Borrower
- **Name:** CANAL WORKS ADVERTISING LLC
- **Address:** 1436 Wells Drive, BENSALEM, PA, 19020-4468
- **NAICS:** 454390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $8K
- **Utilities:** $2K
- **Jobs reported:** 15
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*