# PPP loan: COLOR MASTER, INC
> **$1.00M** approved 04/09/2020 · Paid in Full · Loan `9980067007`
## Borrower
- **Name:** COLOR MASTER, INC
- **Address:** 810 S Broadway ST. 0.0, Butler, IN, 46721-0338
- **NAICS:** 325991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $617K
- **Rent:** $73K
- **Utilities:** $50K
- **Health care:** $250K
- **Debt interest:** $10K
- **Jobs reported:** 101
## 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*