# PPP loan: SAGELY ENTERPRISES INC.
> **$348K** approved 04/13/2020 · Paid in Full · Loan `4244507105`
## Borrower
- **Name:** SAGELY ENTERPRISES INC.
- **Address:** 1811 CENTINELA AVE, SANTA MONICA, CA, 90404
- **NAICS:** 446120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Rent:** $43K
- **Utilities:** $3K
- **Health care:** $8K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*