# PPP loan: PATTON LABS INC
> **$944K** approved 05/01/2020 · Paid in Full · Loan `1534917703`
## Borrower
- **Name:** PATTON LABS INC
- **Address:** 28345 Beck Rd SUITE 402, WIXOM, MI, 48393
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $944K
- **Initial approval:** $944K
- **Forgiven:** $951K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $922K
- **Rent:** $13K
- **Utilities:** $3K
- **Health care:** $6K
- **Debt interest:** $500
- **Jobs reported:** 68
## 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*