# PPP loan: MELROSE RECOVERY LLC
> **$478K** approved 05/01/2020 · Paid in Full · Loan `2491327707`
## Borrower
- **Name:** MELROSE RECOVERY LLC
- **Address:** 11563 GLOWING SUNSET LN, LAS VEGAS, NV, 89135
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $478K
- **Initial approval:** $488K
- **Forgiven:** $484K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Rent:** $59K
- **Utilities:** $37K
- **Jobs reported:** 44
## 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*