# PPP loan: AMERICAN HOFMANN CORP
> **$1.02M** approved 01/21/2021 · Paid in Full · Loan `3152578305`
## Borrower
- **Name:** AMERICAN HOFMANN CORP
- **Address:** 3700 Cohen Pl, Lynchburg, VA, 24501-5046
- **NAICS:** 333997
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Select Bank
- **Servicing:** Select Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*