# PPP loan: IDP, INC.
> **$472K** approved 04/11/2020 · Paid in Full · Loan `2803667105`
## Borrower
- **Name:** IDP, INC.
- **Address:** 21300 W 8 Mile Rd, SOUTHFIELD, MI, 48075-5638
- **NAICS:** 332321
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $30K
- **Mortgage interest:** $10K
- **Utilities:** $32K
- **Health care:** $20K
- **Jobs reported:** 48
## 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*