# PPP loan: APPLE MOTORS, INC.
> **$953K** approved 04/11/2020 · Paid in Full · Loan `2974227107`
## Borrower
- **Name:** APPLE MOTORS, INC.
- **Address:** 1212 LOUCKS ROAD 0.0, YORK, PA, 17404-2219
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $953K
- **Initial approval:** $953K
- **Forgiven:** $962K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $842K
- **Rent:** $102K
- **Utilities:** $9K
- **Jobs reported:** 80
## 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*