# PPP loan: THE DIAMOND INSTITUTE
> **$288K** approved 05/01/2020 · Paid in Full · Loan `9053537310`
## Borrower
- **Name:** THE DIAMOND INSTITUTE
- **Address:** 7075 CUTTING BLVD, EL CERRITO, CA, 94530
- **NAICS:** 611699
- **Business type:** Professional Association
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Mortgage interest:** $23K
- **Utilities:** $5K
- **Debt interest:** $21K
- **Jobs reported:** 28
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*