# PPP loan: ASAHI FORGE OF AMERICA CORPORATION
> **$751K** approved 04/13/2020 · Paid in Full · Loan `4709557110`
## Borrower
- **Name:** ASAHI FORGE OF AMERICA CORPORATION
- **Address:** 5030 Corporate Way 0.0, Richmond, KY, 40475-9669
- **NAICS:** 336350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $759K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Mortgage interest:** $10K
- **Utilities:** $51K
- **Health care:** $40K
- **Jobs reported:** 53
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*