# PPP loan: DEERPOINT GROUP INC.
> **$1.44M** approved 04/09/2020 · Paid in Full · Loan `9165557005`
## Borrower
- **Name:** DEERPOINT GROUP INC.
- **Address:** 1963 Independence Drive 0.0, Madera, CA, 93637-5058
- **NAICS:** 325314
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.45M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Rent:** $52K
- **Utilities:** $46K
- **Health care:** $92K
- **Debt interest:** $18K
- **Jobs reported:** 87
## 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*