# PPP loan: AKDY IMPORTS, LLC
> **$1.02M** approved 05/01/2020 · Paid in Full · Loan `2705347709`
## Borrower
- **Name:** AKDY IMPORTS, LLC
- **Address:** 8807 ROCHESTER AVE, RANCHO CUCAMONGA, CA, 91730
- **NAICS:** 442299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Rent:** $200K
- **Mortgage interest:** $12K
- **Utilities:** $25K
- **Health care:** $25K
- **Debt interest:** $35K
- **Jobs reported:** 57
## 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*