# PPP loan: EARTHBALANCE CORPORATION
> **$1.69M** approved 04/07/2020 · Exemption 4 · Loan `6951187005`
## Borrower
- **Name:** EARTHBALANCE CORPORATION
- **Address:** 2570 COMMERCE PKWY, NORTH PORT, FL, 34289-9332
- **NAICS:** 111998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.35M (80%)
- **Forgiveness date:** 02/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.26M
- **Rent:** $211K
- **Utilities:** $211K
- **Jobs reported:** 125
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*