# PPP loan: AMC PAINTING, LLC
> **$197K** approved 04/07/2020 · Paid in Full · Loan `6757907003`
## Borrower
- **Name:** AMC PAINTING, LLC
- **Address:** 3923 MAIZELAND RD, COLORADO SPRINGS, CO, 80909-1607
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 21
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*