# PPP loan: FONTANESI AND KANN COMPANY
> **$955K** approved 04/10/2020 · Paid in Full · Loan `1659657102`
## Borrower
- **Name:** FONTANESI AND KANN COMPANY
- **Address:** 10777 Northend Ave 0.0, Ferndale, MI, 48220-2130
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $966K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Rent:** $7K
- **Utilities:** $17K
- **Health care:** $85K
- **Debt interest:** $21K
- **Jobs reported:** 41
## 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*