# PPP loan: A T C INC
> **$347K** approved 04/15/2020 · Paid in Full · Loan `8613887108`
## Borrower
- **Name:** A T C INC
- **Address:** 941 66th AVE SW, Cedar Rapids, IA, 52404-4710
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 38
## Lender
- **Originating:** Fairfax State Savings Bank
- **Servicing:** Fairfax State Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*