# PPP loan: BIRCH MANAGEMENT GROUP INC
> **$655K** approved 04/14/2020 · Paid in Full · Loan `7980887105`
## Borrower
- **Name:** BIRCH MANAGEMENT GROUP INC
- **Address:** 735 BIRCH AVENUE, BENSALEM, PA, 19020
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $655K
- **Initial approval:** $655K
- **Forgiven:** $663K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Health care:** $76K
- **Jobs reported:** 38
## 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*