# PPP loan: WFQ INC
> **$731K** approved 04/16/2020 · Paid in Full · Loan `3020417207`
## Borrower
- **Name:** WFQ INC
- **Address:** 5751 S SHELDON RD, CANTON, MI, 48188
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $731K
- **Initial approval:** $731K
- **Forgiven:** $739K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Rent:** $6K
- **Utilities:** $900
- **Health care:** $7K
- **Debt interest:** $12K
- **Jobs reported:** 100
## 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*