# PPP loan: CHESTNUT DEVELOPMENT LLC
> **$172K** approved 04/10/2020 · Paid in Full · Loan `1323777110`
## Borrower
- **Name:** CHESTNUT DEVELOPMENT LLC
- **Address:** 6253 Grand River Ave, Suite 700, Brighton, MI, 48114-5327
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Mortgage interest:** $1K
- **Utilities:** $1K
- **Jobs reported:** 21
## Lender
- **Originating:** Michigan State University FCU
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*