# PPP loan: PEPE LUXURY CARS LTD
> **$1.25M** approved 04/10/2020 · Paid in Full · Loan `1779797103`
## Borrower
- **Name:** PEPE LUXURY CARS LTD
- **Address:** 77 EAST MAIN ST 0.0, NEW ROCHELLE, NY, 10801-5321
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $935K
- **Rent:** $113K
- **Utilities:** $58K
- **Health care:** $48K
- **Debt interest:** $92K
- **Jobs reported:** 96
## 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*