# PPP loan: SYNERFAC, INC
> **$1.42M** approved 04/09/2020 · Paid in Full · Loan `9519567006`
## Borrower
- **Name:** SYNERFAC, INC
- **Address:** 100 West COMMONS BLVD, Suite 100, NEW CASTLE, DE, 19720-2400
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 75
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*