# PPP loan: EVOLUTION DESIGN
> **$216K** approved 05/01/2020 · Paid in Full · Loan `1928967710`
## Borrower
- **Name:** EVOLUTION DESIGN
- **Address:** 51 W 3RD ST SUITE 115, TEMPE, AZ, 85281
- **NAICS:** 541310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $12K
- **Utilities:** $5K
- **Health care:** $15K
- **Jobs reported:** 15
## 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*