# PPP loan: RAUSCH & PAUSCH LP
> **$1.14M** approved 05/02/2020 · Paid in Full · Loan `9540027307`
## Borrower
- **Name:** RAUSCH & PAUSCH LP
- **Address:** 2450 Paul Parks Lane, AUBURN, AL, 36832
- **NAICS:** 336350
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 118
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*