# PPP loan: YOCHANA IT SOLUTIONS INC
> **$2.26M** approved 04/15/2020 · Paid in Full · Loan `1429677200`
## Borrower
- **Name:** YOCHANA IT SOLUTIONS INC
- **Address:** 23000 COMMERCE DR, FARMINGTON HILLS, MI, 48335-2720
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.26M
- **Initial approval:** $2.26M
- **Forgiven:** $2.02M (90%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Jobs reported:** 201
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*