# PPP loan: GROUP DYNAMIX, LLC
> **$231K** approved 05/01/2020 · Exemption 4 · Loan `2893607700`
## Borrower
- **Name:** GROUP DYNAMIX, LLC
- **Address:** 1100 VENTURE CT STE 120, CARROLLTON, TX, 75006
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $182K (79%)
- **Forgiveness date:** 06/03/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Rent:** $50K
- **Utilities:** $3K
- **Health care:** $6K
- **Debt interest:** $11K
- **Jobs reported:** 40
## 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*