# PPP loan: RM BURRITT MOTORS INC
> **$766K** approved 04/10/2020 · Paid in Full · Loan `2430207103`
## Borrower
- **Name:** RM BURRITT MOTORS INC
- **Address:** 340 State Route 104 0.0, Oswego, NY, 13126-2956
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $766K
- **Initial approval:** $766K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $589K
- **Rent:** $4K
- **Mortgage interest:** $24K
- **Utilities:** $15K
- **Health care:** $55K
- **Debt interest:** $80K
- **Jobs reported:** 58
## 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*