# PPP loan: JUNCTION AUTO SALES, INCORPORATED
> **$639K** approved 04/11/2020 · Paid in Full · Loan `2878507108`
## Borrower
- **Name:** JUNCTION AUTO SALES, INCORPORATED
- **Address:** 12423 Mayfield Rd. 0.0, Chardon, OH, 44024-0011
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $639K
- **Initial approval:** $639K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Rent:** $60K
- **Utilities:** $15K
- **Health care:** $84K
- **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*