# PPP loan: EWM CAPITAL, LLC
> **$538K** approved 04/27/2020 · Paid in Full · Loan `4707677205`
## Borrower
- **Name:** EWM CAPITAL, LLC
- **Address:** 135 W. North Street Suite 1, Brighton, MI, 48116
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $499K (93%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Rent:** $50K
- **Mortgage interest:** $42K
- **Utilities:** $50K
- **Jobs reported:** 34
## Lender
- **Originating:** Bank Michigan
- **Servicing:** Bank Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*