# PPP loan: BLACK OWL, LLC
> **$197K** approved 04/13/2020 · Paid in Full · Loan `5469717104`
## Borrower
- **Name:** BLACK OWL, LLC
- **Address:** 345 E Nine Mile Rd, FERNDALE, MI, 48220-1719
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $200K (102%)
- **Forgiveness date:** 02/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Mortgage interest:** $40K
- **Utilities:** $9K
- **Jobs reported:** 45
## Lender
- **Originating:** Credit Union One
- **Servicing:** Credit Union One (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*