# PPP loan: FOERTSCH CONSTRUCTION CO. INC.
> **$410K** approved 04/14/2020 · Paid in Full · Loan `6478367102`
## Borrower
- **Name:** FOERTSCH CONSTRUCTION CO. INC.
- **Address:** 12724 N State Road 245, LAMAR, IN, 47550
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $410K
- **Initial approval:** $410K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Mortgage interest:** $16K
- **Utilities:** $50K
- **Debt interest:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** Liberty Federal Credit Union
- **Servicing:** Liberty Federal Credit Union (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*