# PPP loan: AMCHEL COMMUNICATIONS INC.
> **$368K** approved 01/30/2021 · Paid in Full · Loan `8827408302`
## Borrower
- **Name:** AMCHEL COMMUNICATIONS INC.
- **Address:** 1703 Martinez Ln, Wylie, TX, 75098-4031
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $368K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** The American National Bank of Texas
- **Servicing:** The American National Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*