# PPP loan: ABSECON MILLS INC
> **$423K** approved 02/14/2021 · Paid in Full · Loan `8986348403`
## Borrower
- **Name:** ABSECON MILLS INC
- **Address:** ALOE & VIENNA AVE ALOE & VIENNA AVE, COLOGNE, NJ, 08213
- **NAICS:** 424310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $426K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $423K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*