# PPP loan: GRANAZCONSTRUCTION, LLC
> **$526K** approved 05/01/2020 · Charged Off · Loan `1002087702`
## Borrower
- **Name:** GRANAZCONSTRUCTION, LLC
- **Address:** 670 Meridian Way 416, WESTERVILLE, OH, 43082
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $272K (52%)
- **Forgiveness date:** 08/25/2021
- **Status:** Charged Off
- **Term:** 17 months
## Use of funds
- **Payroll:** $493K
- **Rent:** $4K
- **Utilities:** $500
- **Debt interest:** $29K
- **Jobs reported:** 50
## 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*