# PPP loan: SLSMAC LLC
> **$309K** approved 05/01/2020 · Paid in Full · Loan `1410017702`
## Borrower
- **Name:** SLSMAC LLC
- **Address:** MCDONALD'S, BURTON, MI, 48509
- **NAICS:** 999990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Rent:** $31K
- **Utilities:** $25K
- **Health care:** $3K
- **Debt interest:** $3K
- **Jobs reported:** 121
## 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*