# PPP loan: AMMD, LLC
> **$316K** approved 04/30/2020 · Paid in Full · Loan `5634237303`
## Borrower
- **Name:** AMMD, LLC
- **Address:** 8816 Cullen Lane, Austin, TX, 78748
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Rent:** $35K
- **Mortgage interest:** $47K
- **Utilities:** $6K
- **Health care:** $6K
- **Jobs reported:** 33
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*