# PPP loan: CLERMONT MOTORS, LLC
> **$1.03M** approved 04/11/2020 · Paid in Full · Loan `2709097104`
## Borrower
- **Name:** CLERMONT MOTORS, LLC
- **Address:** 15859 State Rd 50 0.0, Clermont, FL, 34711-9533
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.06M (102%)
- **Forgiveness date:** 08/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $828K
- **Mortgage interest:** $67K
- **Utilities:** $36K
- **Health care:** $59K
- **Debt interest:** $43K
- **Jobs reported:** 94
## 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*