# PPP loan: FLOOD DISTRIBUTION LLC
> **$242K** approved 05/01/2020 · Paid in Full · Loan `1514387702`
## Borrower
- **Name:** FLOOD DISTRIBUTION LLC
- **Address:** 4221 FREIDRICH LN STE 120, AUSTIN, TX, 78744
- **NAICS:** 424990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $246K (102%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $42K
- **Utilities:** $5K
- **Health care:** $10K
- **Jobs reported:** 250
## 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*