# PPP loan: TEAMSTERS LOCAL UNION NO 986
> **$1.07M** approved 05/04/2020 · Paid in Full · Loan `1147547405`
## Borrower
- **Name:** TEAMSTERS LOCAL UNION NO 986
- **Address:** 1430 E HOLT AVE, COVINA, CA, 91724
- **NAICS:** 813930
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 43
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*