# PPP loan: MBF AUTO, LLC
> **$1.74M** approved 04/09/2020 · Paid in Full · Loan `1001697107`
## Borrower
- **Name:** MBF AUTO, LLC
- **Address:** 1230 Bloomfield Ave 0.0, Fairfield, NJ, 07004-3704
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Utilities:** $39K
- **Health care:** $150K
- **Debt interest:** $186K
- **Jobs reported:** 92
## 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*