# PPP loan: FRANK COLLECTIVE INC.
> **$669K** approved 05/01/2020 · Paid in Full · Loan `3739877707`
## Borrower
- **Name:** FRANK COLLECTIVE INC.
- **Address:** 315 W 9th Street Suite 300, LOS ANGELES, CA, 90015
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $669K
- **Initial approval:** $669K
- **Forgiven:** $624K (93%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $160K
- **Health care:** $109K
- **Jobs reported:** 120
## 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*