# PPP loan: DERRICK ENTERPRISE INC
> **$1.62M** approved 05/01/2020 · Paid in Full · Loan `1650817705`
## Borrower
- **Name:** DERRICK ENTERPRISE INC
- **Address:** 6102 KNOLL VALLEY DR APT 108, WILLOWBROOK, IL, 60527
- **NAICS:** 484220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Rent:** $38K
- **Utilities:** $2K
- **Health care:** $36K
- **Debt interest:** $94K
- **Jobs reported:** 96
## 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*