# PPP loan: DRY COOLERS INC.
> **$780K** approved 03/24/2021 · Paid in Full · Loan `7680128606`
## Borrower
- **Name:** DRY COOLERS INC.
- **Address:** 575 S Glaspie St, Oxford, MI, 48371-5133
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $780K
- **Initial approval:** $780K
- **Forgiven:** $785K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $780K
- **Jobs reported:** 51
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*