# PPP loan: CL1 PHILADELPHIA LLC
> **$3.40M** approved 04/09/2020 · Paid in Full · Loan `9356577003`
## Borrower
- **Name:** CL1 PHILADELPHIA LLC
- **Address:** 201 N 17th Street, PHILADELPHIA, PA, 19103-1201
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.40M
- **Initial approval:** $3.40M
- **Forgiven:** $3.44M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.15M
- **Rent:** $607K
- **Utilities:** $266K
- **Debt interest:** $378K
- **Jobs reported:** 246
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*