# PPP loan: FOLK ENTERPRISES INC.
> **$355K** approved 04/15/2020 · Paid in Full · Loan `1816077208`
## Borrower
- **Name:** FOLK ENTERPRISES INC.
- **Address:** 6185 S VALLEY VIEW BLVD STE B, LAS VEGAS, NV, 89118
- **NAICS:** 541430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $62K
- **Utilities:** $39K
- **Jobs reported:** 27
## 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*