# PPP loan: WISELY INC
> **$596K** approved 04/15/2020 · Paid in Full · Loan `2176027210`
## Borrower
- **Name:** WISELY INC
- **Address:** 205 E WASHINGTON ST FL 2 STE A, ANN ARBOR, MI, 48104
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $596K
- **Initial approval:** $596K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Rent:** $20K
- **Utilities:** $2K
- **Health care:** $100K
- **Jobs reported:** 30
## 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*