# PPP loan: NAPLETON'S ARLINGTON HEIGHTS MOTORS, INC
> **$1.58M** approved 04/10/2020 · Paid in Full · Loan `1394347107`
## Borrower
- **Name:** NAPLETON'S ARLINGTON HEIGHTS MOTORS, INC
- **Address:** 1155 W Dundee Road, 0.0, Arlington Heights, IL, 60004-1421
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.61M (102%)
- **Forgiveness date:** 08/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.36M
- **Rent:** $120K
- **Utilities:** $21K
- **Debt interest:** $78K
- **Jobs reported:** 101
## 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*