# PPP loan: ST. CLAIR VOLKSWAGEN, INC
> **$612K** approved 04/09/2020 · Paid in Full · Loan `1045747100`
## Borrower
- **Name:** ST. CLAIR VOLKSWAGEN, INC
- **Address:** 1708 New Car Drive 0.0, O'Fallon, IL, 62269-1656
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $620K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Rent:** $60K
- **Utilities:** $25K
- **Health care:** $65K
- **Jobs reported:** 34
## 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*