# PPP loan: ORE DESIGNS, INC.
> **$758K** approved 04/16/2020 · Paid in Full · Loan `2461967209`
## Borrower
- **Name:** ORE DESIGNS, INC.
- **Address:** 1972 W 2425 S, WOODS CROSS, UT, 84087
- **NAICS:** 332323
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $758K
- **Initial approval:** $758K
- **Forgiven:** $768K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $653K
- **Rent:** $80K
- **Utilities:** $9K
- **Health care:** $15K
- **Debt interest:** $1K
- **Jobs reported:** 55
## 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*