# PPP loan: AMERICAN MOTORHEAD INC.
> **$814K** approved 04/28/2020 · Paid in Full · Loan `1172637301`
## Borrower
- **Name:** AMERICAN MOTORHEAD INC.
- **Address:** 1040 Los Vallecitos Blvd., Suite 113, SAN MARCOS, CA, 92069
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $814K
- **Initial approval:** $814K
- **Forgiven:** $824K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $708K
- **Rent:** $81K
- **Utilities:** $24K
- **Jobs reported:** 46
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*