# PPP loan: ASSMANN CORPORATION OF AMERICA
> **$475K** approved 04/27/2020 · Paid in Full · Loan `4025967201`
## Borrower
- **Name:** ASSMANN CORPORATION OF AMERICA
- **Address:** 300 N TAYLOR RD, GARRETT, IN, 46738-1844
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $481K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Utilities:** $47K
- **Health care:** $71K
- **Jobs reported:** 39
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*