# PPP loan: J. M. KUSCH, INC.
> **$187K** approved 05/05/2020 · Paid in Full · Loan `2134437402`
## Borrower
- **Name:** J. M. KUSCH, INC.
- **Address:** 3530 WHEELER RD, BAY CITY, MI, 48706-1711
- **NAICS:** 333519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Rent:** $5K
- **Utilities:** $4K
- **Debt interest:** $16K
- **Jobs reported:** 23
## Lender
- **Originating:** Thumb Bank & Trust
- **Servicing:** Thumb Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*