# PPP loan: TOM WOOD VOLKSWAGEN, INC.
> **$740K** approved 04/10/2020 · Paid in Full · Loan `2164407100`
## Borrower
- **Name:** TOM WOOD VOLKSWAGEN, INC.
- **Address:** 4545 E 96th St 0.0, Indianapolis, IN, 46240-1446
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $748K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Rent:** $147K
- **Utilities:** $17K
- **Health care:** $21K
- **Jobs reported:** 54
## 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*