# PPP loan: TEND EXCHANGE, INC.
> **$214K** approved 04/30/2020 · Paid in Full · Loan `6970907307`
## Borrower
- **Name:** TEND EXCHANGE, INC.
- **Address:** 5792 W Jefferson Blvd, LOS ANGELES, CA, 90016
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $33K
- **Utilities:** $2K
- **Jobs reported:** 5
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*