# PPP loan: 2550 ASHLAND LLC DBA CHICAGO YACHT WORKS OR CHICAGO YACHT
> **$217K** approved 05/01/2020 · Paid in Full · Loan `3063887709`
## Borrower
- **Name:** 2550 ASHLAND LLC DBA CHICAGO YACHT WORKS OR CHICAGO YACHT
- **Address:** 2550 S ASHLAND AVE, CHICAGO, IL, 60608
- **NAICS:** 713930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $10K
- **Health care:** $19K
- **Jobs reported:** 15
## 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*