# PPP loan: CHECKER BAR INC.
> **$234K** approved 04/28/2020 · Paid in Full · Loan `8888567203`
## Borrower
- **Name:** CHECKER BAR INC.
- **Address:** 124 CADILLAC SQ, DETROIT, MI, 48226-2815
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $214K (91%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Utilities:** $19K
- **Debt interest:** $5K
- **Jobs reported:** 44
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*