# PPP loan: SHIP.CARS USA, LLC
> **$302K** approved 05/01/2020 · Paid in Full · Loan `1719447700`
## Borrower
- **Name:** SHIP.CARS USA, LLC
- **Address:** 1515 East Woodfield Road Suite 770, SCHAUMBURG, IL, 60173
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $86K (28%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $26K
- **Utilities:** $1K
- **Health care:** $4K
- **Jobs reported:** 5
## 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*