# PPP loan: JOTSC, LLC
> **$587K** approved 05/01/2020 · Paid in Full · Loan `1973547701`
## Borrower
- **Name:** JOTSC, LLC
- **Address:** 12059 Ventura Place, STUDIO CITY, CA, 91604
- **NAICS:** 722320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $594K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Rent:** $60K
- **Utilities:** $5K
- **Jobs reported:** 84
## 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*