# PPP loan: ASCENT INC.
> **$247K** approved 05/01/2020 · Paid in Full · Loan `2702877709`
## Borrower
- **Name:** ASCENT INC.
- **Address:** 402 VERONA AVE, DANVILLE, CA, 94526
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $11K
- **Utilities:** $800
- **Health care:** $22K
- **Jobs reported:** 11
## 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*