# PPP loan: AUS PROPERTY CORP
> **$564K** approved 04/27/2020 · Exemption 4 · Loan `5563307204`
## Borrower
- **Name:** AUS PROPERTY CORP
- **Address:** 5901 N I-35, AUSTIN, TX, 78723
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $390K (69%)
- **Forgiveness date:** 04/14/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $562K
- **Mortgage interest:** $1K
- **Utilities:** $1K
- **Jobs reported:** 43
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*