# PPP loan: CHUTE SYSTEMS, LLC
> **$246K** approved 04/29/2020 · Paid in Full · Loan `4386957302`
## Borrower
- **Name:** CHUTE SYSTEMS, LLC
- **Address:** 33380 Zeiders Rd   Suite 106, MENIFEE, CA, 92584
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $250K (102%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 19
## Lender
- **Originating:** First Secure Community Bank
- **Servicing:** First Secure Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*