# PPP loan: WAYNE AUTOMATION CORPORATION
> **$891K** approved 04/09/2020 · Paid in Full · Loan `9407687002`
## Borrower
- **Name:** WAYNE AUTOMATION CORPORATION
- **Address:** 605 GENERAL WASHINGTON AVE, NORRISTOWN, PA, 19403-3662
- **NAICS:** 333993
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $891K
- **Initial approval:** $891K
- **Forgiven:** $896K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $891K
- **Jobs reported:** 54
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*