# PPP loan: THE MIKE FERRY ORGANIZATION
> **$675K** approved 05/01/2020 · Paid in Full · Loan `2406117710`
## Borrower
- **Name:** THE MIKE FERRY ORGANIZATION
- **Address:** 7220 S CIMARRON RD STE 300, LAS VEGAS, NV, 89113
- **NAICS:** 541612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $675K
- **Initial approval:** $675K
- **Forgiven:** $680K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $75K
- **Health care:** $50K
- **Jobs reported:** 40
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*