# PPP loan: PASSIVE PLUS INC.
> **$326K** approved 04/28/2020 · Paid in Full · Loan `6419507205`
## Borrower
- **Name:** PASSIVE PLUS INC.
- **Address:** 48 Elm Street, Huntington, NY, 11743
- **NAICS:** 334419
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $290K (89%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $326K
- **Jobs reported:** 23
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*