# PPP loan: TUCHSCHER ENGINEERING GROUP INC
> **$193K** approved 01/30/2021 · Paid in Full · Loan `8859658301`
## Borrower
- **Name:** TUCHSCHER ENGINEERING GROUP INC
- **Address:** 5318 E 2nd St # 539, Long Beach, CA, 90803-5324
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*