# PPP loan: GRANDMAISON CONSTRUCTION INC
> **$261K** approved 05/01/2020 · Paid in Full · Loan `2421317709`
## Borrower
- **Name:** GRANDMAISON CONSTRUCTION INC
- **Address:** 16335 SULTUS ST, CANYON COUNTRY, CA, 91387
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $139K (53%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $10K
- **Utilities:** $970
- **Health care:** $10K
- **Debt interest:** $2K
- **Jobs reported:** 130
## 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*