# PPP loan: ENVY MODULAR WALL SYSTEMS INC.
> **$166K** approved 05/01/2020 · Charged Off · Loan `2592647708`
## Borrower
- **Name:** ENVY MODULAR WALL SYSTEMS INC.
- **Address:** 5812 PARAMUS, CLARKSTON, MI, 48346
- **NAICS:** 238130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $158K (96%)
- **Forgiveness date:** 11/17/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $27K
- **Utilities:** $3K
- **Health care:** $1K
- **Debt interest:** $20K
- **Jobs reported:** 15
## 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*