# PPP loan: BACHMAN, INC.
> **$589K** approved 04/10/2020 · Paid in Full · Loan `1562597101`
## Borrower
- **Name:** BACHMAN, INC.
- **Address:** 360 36th St S, FARGO, ND, 58103-2203
- **NAICS:** 442210
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $593K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $589K
- **Jobs reported:** 50
## Lender
- **Originating:** Starion Bank
- **Servicing:** Starion Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*