# PPP loan: 124 GRAND HOLDINGS, INC
> **$358K** approved 05/01/2020 · Paid in Full · Loan `2948727710`
## Borrower
- **Name:** 124 GRAND HOLDINGS, INC
- **Address:** 5860 ALDER AVE STE 500, SACRAMENTO, CA, 95828
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Rent:** $39K
- **Utilities:** $18K
- **Health care:** $12K
- **Jobs reported:** 34
## 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*