# PPP loan: BETTER MADE SNACK FOODS, INC.
> **$3.20M** approved 04/09/2020 · Paid in Full · Loan `9539447002`
## Borrower
- **Name:** BETTER MADE SNACK FOODS, INC.
- **Address:** 10148 Gratiot Ave. 0.0, Detroit, MI, 48213-3211
- **NAICS:** 311919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.20M
- **Initial approval:** $3.20M
- **Forgiven:** $3.24M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.92M
- **Mortgage interest:** $4K
- **Utilities:** $238K
- **Debt interest:** $40K
- **Jobs reported:** 264
## 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*