# PPP loan: BUCH CONSTRUCTION, INC.
> **$4.12M** approved 04/14/2020 · Paid in Full · Loan `7856207103`
## Borrower
- **Name:** BUCH CONSTRUCTION, INC.
- **Address:** 11292 Buch Way, Laurel, MD, 20723
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.12M
- **Initial approval:** $4.12M
- **Forgiven:** $4.17M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.85M
- **Rent:** $60K
- **Utilities:** $4K
- **Health care:** $208K
- **Jobs reported:** 166
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*