# PPP loan: MOTOLEASE FUNDING LLC
> **$1.13M** approved 01/20/2021 · Paid in Full · Loan `2071508310`
## Borrower
- **Name:** MOTOLEASE FUNDING LLC
- **Address:** 5200 W Century Blvd Ste 750, Los Angeles, CA, 90045-5928
- **NAICS:** 532112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 115
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*