# PPP loan: SANTA MONICA EXPRESS, INC.
> **$425K** approved 05/01/2020 · Paid in Full · Loan `1663547706`
## Borrower
- **Name:** SANTA MONICA EXPRESS, INC.
- **Address:** 11150 W OLYMPIC BLVD STE 150, LOS ANGELES, CA, 90064
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $425K (100%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Rent:** $18K
- **Utilities:** $6K
- **Health care:** $28K
- **Debt interest:** $3K
- **Jobs reported:** 400
## 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*