# PPP loan: KOCHER BUILDING MATERIALS, INC.
> **$158K** approved 04/08/2020 · Paid in Full · Loan `7773397010`
## Borrower
- **Name:** KOCHER BUILDING MATERIALS, INC.
- **Address:** 915 N COURT ST, MONTGOMERY, AL, 36104-2007
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $137K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 17
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*