# PPP loan: FUTUREX INDUSTRIES INC
> **$1.66M** approved 04/09/2020 · Paid in Full · Loan `9758737006`
## Borrower
- **Name:** FUTUREX INDUSTRIES INC
- **Address:** 169 e smith, BLOOMINGDALE, IN, 47832
- **NAICS:** 326113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.67M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $241K
- **Health care:** $170K
- **Jobs reported:** 157
## 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*