# PPP loan: FAVORITE BRANDS
> **$2.41M** approved 04/10/2020 · Paid in Full · Loan `1624777103`
## Borrower
- **Name:** FAVORITE BRANDS
- **Address:** 13755 Diplomat Dr 0.0, Farmers Branch, TX, 75234-8926
- **NAICS:** 424820
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.41M
- **Initial approval:** $2.41M
- **Forgiven:** $2.44M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Rent:** $502K
- **Utilities:** $101K
- **Jobs reported:** 241
## 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*