# PPP loan: THE RECOVERY PROJECT, LLC
> **$750K** approved 05/01/2020 · Paid in Full · Loan `2361307703`
## Borrower
- **Name:** THE RECOVERY PROJECT, LLC
- **Address:** 20000 VICTOR PKWY, LIVONIA, MI, 48152
- **NAICS:** 621340
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $759K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Rent:** $70K
- **Health care:** $80K
- **Jobs reported:** 500
## 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*