# PPP loan: CHOPSHOP ARIZONA, LLC
> **$986K** approved 04/11/2020 · Paid in Full · Loan `3411517101`
## Borrower
- **Name:** CHOPSHOP ARIZONA, LLC
- **Address:** 5601 DEMOCRACY DR, PLANO, TX, 75024-3515
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $986K
- **Initial approval:** $986K
- **Forgiven:** $995K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Mortgage interest:** $123K
- **Utilities:** $123K
- **Jobs reported:** 184
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*