# PPP loan: WALLACE AUTOMOTIVE GROUP LLC
> **$711K** approved 04/10/2020 · Paid in Full · Loan `1600787101`
## Borrower
- **Name:** WALLACE AUTOMOTIVE GROUP LLC
- **Address:** 1190 Plum Valley Lane 0.0, Highlands Ranch, CO, 80129-1900
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $711K
- **Initial approval:** $711K
- **Forgiven:** $720K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $569K
- **Rent:** $118K
- **Utilities:** $10K
- **Health care:** $10K
- **Debt interest:** $5K
- **Jobs reported:** 58
## 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*