# PPP loan: N. A. FAVIA BUILDER, INC. DBA ALPINE ACOUSTICS
> **$925K** approved 05/01/2020 · Paid in Full · Loan `3033607705`
## Borrower
- **Name:** N. A. FAVIA BUILDER, INC. DBA ALPINE ACOUSTICS
- **Address:** 1012 Lunt Avenue, Schaumburg, IL, 60193
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $925K
- **Initial approval:** $925K
- **Forgiven:** $929K (100%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Rent:** $9K
- **Utilities:** $2K
- **Health care:** $14K
- **Jobs reported:** 400
## 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*