# PPP loan: JM JERICHO MOTORS LLC
> **$549K** approved 06/15/2021 · Paid in Full · Loan `1019589110`
## Borrower
- **Name:** JM JERICHO MOTORS LLC
- **Address:** 1767 E JERICHO TRNKE, Huntington, NY, 11743
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $549K
- **Utilities:** $1
- **Jobs reported:** 300
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*