# PPP loan: JOLARAN INC
> **$165K** approved 04/14/2020 · Paid in Full · Loan `7461037106`
## Borrower
- **Name:** JOLARAN INC
- **Address:** 2717 GRAND RIVER AVE, EAST LANSING, MI, 48823-4710
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $24K
- **Utilities:** $3K
- **Jobs reported:** 30
## Lender
- **Originating:** Astera CU
- **Servicing:** Astera CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*