# PPP loan: SVS VISION INC
> **$6.68M** approved 04/09/2020 · Paid in Full · Loan `1000677110`
## Borrower
- **Name:** SVS VISION INC
- **Address:** 118 Cass Avenue 0.0, Mount Clemens, MI, 48043-2204
- **NAICS:** 339115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.68M
- **Initial approval:** $6.68M
- **Forgiven:** $6.75M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.08M
- **Rent:** $675K
- **Utilities:** $96K
- **Health care:** $827K
- **Jobs reported:** 500
## 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*