# PPP loan: LUXURY CARS OF SOUTHAMPTON, INC.
> **$630K** approved 04/10/2020 · Paid in Full · Loan `2112677109`
## Borrower
- **Name:** LUXURY CARS OF SOUTHAMPTON, INC.
- **Address:** 575 County Road 39A 0.0, Southampton, NY, 11968-5263
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $568K
- **Health care:** $62K
- **Jobs reported:** 48
## 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*