# PPP loan: CROWN ERAM, LLC
> **$1.24M** approved 04/03/2020 · Paid in Full · Loan `4449087005`
## Borrower
- **Name:** CROWN ERAM, LLC
- **Address:** 1201 E SUMMIT ST, CROWN POINT, IN, 46307-2730
- **NAICS:** 811310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $124K
- **Utilities:** $62K
- **Jobs reported:** 56
## Lender
- **Originating:** American Community Bank of Indiana
- **Servicing:** American Community Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*