# PPP loan: FORMER COMPANY, LLC
> **$167K** approved 04/14/2020 · Paid in Full · Loan `7273577107`
## Borrower
- **Name:** FORMER COMPANY, LLC
- **Address:** 891 Columbia Road, BERKLEY, MI, 48072
- **NAICS:** 512191
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $15K
- **Utilities:** $3K
- **Jobs reported:** 9
## 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*