# PPP loan: BURBACH COMPANIES, INC.
> **$395K** approved 04/29/2020 · Paid in Full · Loan `2378407302`
## Borrower
- **Name:** BURBACH COMPANIES, INC.
- **Address:** 3362 West 1820 South, Salt Lake City, UT, 84104
- **NAICS:** 238170
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $59K
- **Utilities:** $20K
- **Health care:** $20K
- **Jobs reported:** 196
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*