# PPP loan: G. W. KOCH ASSOCIATES, INC.
> **$607K** approved 04/14/2020 · Paid in Full · Loan `7885227108`
## Borrower
- **Name:** G. W. KOCH ASSOCIATES, INC.
- **Address:** 2661 Riva Rd, Suite 220, Annapolis, MD, 21401
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $560K
- **Health care:** $47K
- **Jobs reported:** 40
## 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*