# PPP loan: FIRST CLASS CHARTER, INC.
> **$267K** approved 06/26/2020 · Paid in Full · Loan `5024948009`
## Borrower
- **Name:** FIRST CLASS CHARTER, INC.
- **Address:** 601 CUPERTINO WAY, SAN MATEO, CA, 94403
- **NAICS:** 485510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*