# PPP loan: VARGHESE SUMMERSETT PLLC
> **$199K** approved 04/16/2020 · Paid in Full · Loan `2857997203`
## Borrower
- **Name:** VARGHESE SUMMERSETT PLLC
- **Address:** 300 THROCKMORTON STREET STE 1650, FORT WORTH, TX, 76102
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $43K
- **Health care:** $6K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*