# PPP loan: WAX STUDIO HOLDINGS, LLC
> **$250K** approved 05/01/2020 · Paid in Full · Loan `2752777701`
## Borrower
- **Name:** WAX STUDIO HOLDINGS, LLC
- **Address:** 343 N CARROLL AVE, SOUTHLAKE, TX, 76092
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $255K (102%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $30K
- **Utilities:** $20K
- **Jobs reported:** 260
## 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*