# PPP loan: FIRST CLASS # 1
> **$200K** approved 06/23/2020 · Exemption 4 · Loan `2356748000`
## Borrower
- **Name:** FIRST CLASS # 1
- **Address:** 4463 Treehouse Lane, Tamarac, FL, 33319-2022
- **NAICS:** 721199
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $166K (83%)
- **Forgiveness date:** 08/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 6
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*