# PPP loan: AM COMMUNICATIONS INC
> **$1.81M** approved 04/13/2020 · Paid in Full · Loan `5700147103`
## Borrower
- **Name:** AM COMMUNICATIONS INC
- **Address:** 5707 STATE ROUTE 309, GALION, OH, 44833
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.65M (91%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 201
## Lender
- **Originating:** PNC Bank, National Association
- **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*