# PPP loan: BLUE CHIP BROADCASTING LTD.
> **$890K** approved 05/27/2021 · Paid in Full · Loan `8514049002`
## Borrower
- **Name:** BLUE CHIP BROADCASTING LTD.
- **Address:** 1010 Wayne Ave Fl 14, Silver Spring, MD, 20910-5600
- **NAICS:** 515112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $890K
- **Initial approval:** $890K
- **Forgiven:** $898K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $890K
- **Utilities:** $1
- **Jobs reported:** 144
## Lender
- **Originating:** Optus Bank
- **Servicing:** Optus Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*