# PPP loan: OCTOPI COMMERCE, LLC
> **$565K** approved 04/10/2020 · Paid in Full · Loan `1591167100`
## Borrower
- **Name:** OCTOPI COMMERCE, LLC
- **Address:** 4800 N Scottsdale Rd., Suite 5400 0.0, Scottsdale, AZ, 85251-7621
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $64K
- **Utilities:** $4K
- **Health care:** $46K
- **Jobs reported:** 29
## 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*