# PPP loan: AMERICAN MICRO INDUSTRIES, INC.
> **$196K** approved 04/08/2020 · Paid in Full · Loan `8775367010`
## Borrower
- **Name:** AMERICAN MICRO INDUSTRIES, INC.
- **Address:** 440 RAMSEY AVE, CHAMBERSBURG, PA, 17201-1236
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Utilities:** $39K
- **Jobs reported:** 14
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*