# PPP loan: DANLAW, INC.
> **$3.54M** approved 04/08/2020 · Paid in Full · Loan `8724237006`
## Borrower
- **Name:** DANLAW, INC.
- **Address:** 41131 Vincenti Ct. 0.0, Novi, MI, 48375-1924
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.54M
- **Initial approval:** $3.54M
- **Forgiven:** $3.58M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.03M
- **Rent:** $130K
- **Utilities:** $20K
- **Health care:** $350K
- **Debt interest:** $7K
- **Jobs reported:** 184
## 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*