# PPP loan: ROBERTS PAINT & BODY, INC.
> **$274K** approved 04/16/2020 · Paid in Full · Loan `3026337208`
## Borrower
- **Name:** ROBERTS PAINT & BODY, INC.
- **Address:** 610 E INDUSTRIAL DR, CHELSEA, MI, 48118-1285
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $68K
- **Jobs reported:** 23
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*