# PPP loan: VINCE & JOE'S FRUIT MARKET - SHELBY,
> **$1.66M** approved 05/01/2020 · Paid in Full · Loan `1496507707`
## Borrower
- **Name:** VINCE & JOE'S FRUIT MARKET - SHELBY,
- **Address:** 55178 VAN DYKE AVE, SHELBY TOWNSHIP, MI, 48316
- **NAICS:** 311421
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Rent:** $245K
- **Mortgage interest:** $6K
- **Utilities:** $42K
- **Health care:** $40K
- **Jobs reported:** 228
## 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*