# PPP loan: GOLLING CHELSEA INC
> **$482K** approved 03/10/2021 · Paid in Full · Loan `8646528500`
## Borrower
- **Name:** GOLLING CHELSEA INC
- **Address:** 1185 S Main St, Chelsea, MI, 48118-1408
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $482K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*