# PPP loan: SACHEM INC
> **$3.88M** approved 04/12/2020 · Paid in Full · Loan `3971577106`
## Borrower
- **Name:** SACHEM INC
- **Address:** 821 WOODWARD ST, AUSTIN, TX, 78704-7418
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.88M
- **Initial approval:** $3.88M
- **Forgiven:** $3.92M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.88M
- **Jobs reported:** 175
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*