# PPP loan: ALBRECHT AUCTION SERVICE LLC
> **$205K** approved 03/24/2021 · Paid in Full · Loan `8181178610`
## Borrower
- **Name:** ALBRECHT AUCTION SERVICE LLC
- **Address:** 875 State Rd, Vassar, MI, 48768-9116
- **NAICS:** 561990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*