# PPP loan: COLLOTTI & SONS, INC.
> **$256K** approved 04/09/2020 · Paid in Full · Loan `9362967009`
## Borrower
- **Name:** COLLOTTI & SONS, INC.
- **Address:** 6700 essington ave unit I7, PHILADELPHIA, PA, 19153-3403
- **NAICS:** 424410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Rent:** $30K
- **Jobs reported:** 14
## Lender
- **Originating:** United Savings Bank
- **Servicing:** United Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*