# PPP loan: CHIBLE'S CONSTRUCTION
> **$189K** approved 04/28/2020 · Paid in Full · Loan `1573487305`
## Borrower
- **Name:** CHIBLE'S CONSTRUCTION
- **Address:** 1806 Flycaster Dr, SPRING, TX, 77388
- **NAICS:** 212321
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $22K (12%)
- **Forgiveness date:** 06/26/2024
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $187K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 25
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*