# PPP loan: SATCHELS LLC
> **$278K** approved 03/17/2021 · Paid in Full · Loan `3992458601`
## Borrower
- **Name:** SATCHELS LLC
- **Address:** 24530 Jefferson Ave, Saint Clair Shores, MI, 48080-1326
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 100
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*