# PPP loan: BLUE CHIP PARTNERS, INC.
> **$247K** approved 05/14/2020 · Paid in Full · Loan `6515827403`
## Borrower
- **Name:** BLUE CHIP PARTNERS, INC.
- **Address:** 38505 COUNTRY CLUB DR, FARMINGTON HILLS, MI, 48331-3457
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 15
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*