# PPP loan: US ASSETS INC
> **$300K** approved 04/16/2020 · Paid in Full · Loan `2635687209`
## Borrower
- **Name:** US ASSETS INC
- **Address:** 1601 ELM ST STE 4210, DALLAS, TX, 75201
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $70K
- **Health care:** $20K
- **Debt interest:** $10K
- **Jobs reported:** 12
## 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*