# PPP loan: STEVE & ROCKY'S OF NOVI, INC.
> **$287K** approved 05/01/2020 · Paid in Full · Loan `1101767700`
## Borrower
- **Name:** STEVE & ROCKY'S OF NOVI, INC.
- **Address:** 43150 GRAND RIVER, NOVI, MI, 48375
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Rent:** $37K
- **Utilities:** $7K
- **Health care:** $28K
- **Jobs reported:** 34
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*