# PPP loan: ALBERT KAHN ASSOCIATES INC
> **$1.05M** approved 05/05/2020 · Paid in Full · Loan `1961347409`
## Borrower
- **Name:** ALBERT KAHN ASSOCIATES INC
- **Address:** 3011 W Grand Blvd Ste 1800 The Fisher Building, DETROIT, MI, 48202
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $837K
- **Rent:** $140K
- **Utilities:** $6K
- **Health care:** $30K
- **Debt interest:** $34K
- **Jobs reported:** 68
## 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*