# PPP loan: THE BURCH, LLC
> **$178K** approved 04/09/2020 · Paid in Full · Loan `9732277001`
## Borrower
- **Name:** THE BURCH, LLC
- **Address:** 1006 Melrose Ave, IOWA CITY, IA, 52246-1925
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $36K
- **Jobs reported:** 18
## Lender
- **Originating:** Two Rivers Bank & Trust
- **Servicing:** Two Rivers Bank & Trust (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*