# PPP loan: NORTH LAKE VILLAS INC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `1678377706`
## Borrower
- **Name:** NORTH LAKE VILLAS INC
- **Address:** 2851 LAKE AVE, ALTADENA, CA, 91001
- **NAICS:** 623312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $8K
- **Mortgage interest:** $4K
- **Utilities:** $2K
- **Health care:** $3K
- **Debt interest:** $14K
- **Jobs reported:** 23
## 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*