# PPP loan: FOCUS CORE INC.
> **$3.13M** approved 04/09/2020 · Charged Off · Loan `9396407003`
## Borrower
- **Name:** FOCUS CORE INC.
- **Address:** 2820 Greenspoint Parkway, HOFFMAN ESTATES, IL, 60169-7206
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.13M
- **Initial approval:** $3.13M
- **Forgiven:** $2.23M (71%)
- **Forgiveness date:** 01/13/2023
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $2.50M
- **Rent:** $85K
- **Utilities:** $85K
- **Health care:** $50K
- **Debt interest:** $405K
- **Jobs reported:** 98
## 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*