# PPP loan: SRC ELASTOMERICS, INC
> **$1.14M** approved 04/15/2020 · Paid in Full · Loan `9987287104`
## Borrower
- **Name:** SRC ELASTOMERICS, INC
- **Address:** 4749 Tolbut Street, Philadelphia, PA, 19136
- **NAICS:** 325212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 92
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*