# PPP loan: DIESEL FUNDING LLC
> **$415K** approved 05/01/2020 · Exemption 4 · Loan `1111577706`
## Borrower
- **Name:** DIESEL FUNDING LLC
- **Address:** 633 NE 167TH ST STE 831, MIAMI, FL, 33162
- **NAICS:** 811111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $415K
- **Initial approval:** $415K
- **Forgiven:** $127K (31%)
- **Forgiveness date:** 08/31/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Rent:** $24K
- **Utilities:** $12K
- **Debt interest:** $105K
- **Jobs reported:** 42
## 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*