# PPP loan: SBS 1 LLC
> **$210K** approved 02/24/2021 · Paid in Full · Loan `3901018506`
## Borrower
- **Name:** SBS 1 LLC
- **Address:** 9864 E Grand River Ave Ste 110-322, Brighton, MI, 48116-1963
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $1
- **Jobs reported:** 39
## 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*