# PPP loan: EL CHEAPO LIFTS INC.
> **$394K** approved 04/15/2020 · Paid in Full · Loan `1707007210`
## Borrower
- **Name:** EL CHEAPO LIFTS INC.
- **Address:** 9629 Beverly Rd.  building B, PICO RIVERA, CA, 90660
- **NAICS:** 532412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 30
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*