# PPP loan: PIALEX AUTOMOTIVE, LLC
> **$608K** approved 04/16/2020 · Paid in Full · Loan `2957407209`
## Borrower
- **Name:** PIALEX AUTOMOTIVE, LLC
- **Address:** 7301 N Allen Rd 0.0, Peoria, IL, 61614-2491
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $615K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Rent:** $80K
- **Utilities:** $15K
- **Health care:** $22K
- **Jobs reported:** 67
## 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*