# PPP loan: THE AMERICAN UTILITY CORP
> **$399K** approved 04/30/2020 · Paid in Full · Loan `6308607306`
## Borrower
- **Name:** THE AMERICAN UTILITY CORP
- **Address:** 1044 Shortline Road, LEBANON, KY, 40033-8905
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 37
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*