# PPP loan: INTELLISHOP, LLC
> **$1.24M** approved 04/03/2020 · Exemption 4 · Loan `4565167002`
## Borrower
- **Name:** INTELLISHOP, LLC
- **Address:** 2025 Michael Owens Way, PERRYSBURG, OH, 43551-2941
- **NAICS:** 541910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $440K (35%)
- **Forgiveness date:** 03/30/2022
- **Status:** Exemption 4
- **Term:** 48 months
## Use of funds
- **Payroll:** $1.21M
- **Rent:** $19K
- **Mortgage interest:** $1K
- **Utilities:** $8K
- **Jobs reported:** 35
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*