# PPP loan: AMERICAN INCORPORATED
> **$7.43M** approved 04/13/2020 · Paid in Full · Loan `4176587104`
## Borrower
- **Name:** AMERICAN INCORPORATED
- **Address:** 1345 AMERICAN ST, VISALIA, CA, 93291-9334
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.43M
- **Initial approval:** $7.43M
- **Forgiven:** $7.51M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.95M
- **Mortgage interest:** $1.49M
- **Jobs reported:** 476
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*