# PPP loan: TOPEKA AUCTION & MARKETING, INC.
> **$217K** approved 04/06/2020 · Paid in Full · Loan `5734727000`
## Borrower
- **Name:** TOPEKA AUCTION & MARKETING, INC.
- **Address:** 601 E. LAKE ST, TOPEKA, IN, 46571-9571
- **NAICS:** 115210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $20K
- **Mortgage interest:** $8K
- **Utilities:** $19K
- **Jobs reported:** 52
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*