# PPP loan: BURCH CORPORATION
> **$696K** approved 04/07/2020 · Paid in Full · Loan `7319237008`
## Borrower
- **Name:** BURCH CORPORATION
- **Address:** 216 Oporto Madrid Blvd, BIRMINGHAM, AL, 35206-3724
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $705K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 80
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*