# PPP loan: GEORGE W. AUCH COMPANY
> **$1.55M** approved 04/09/2020 · Paid in Full · Loan `9701967004`
## Borrower
- **Name:** GEORGE W. AUCH COMPANY
- **Address:** 65 University Dr. 0.0, Pontiac, MI, 48342-2359
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Health care:** $85K
- **Jobs reported:** 92
## 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*