# PPP loan: VISSER BUS SERVICES, INC.
> **$755K** approved 05/01/2020 · Exemption 4 · Loan `3040397701`
## Borrower
- **Name:** VISSER BUS SERVICES, INC.
- **Address:** 1455 &  1469 W 9TH ST, UPLAND, CA, 91786
- **NAICS:** 485410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $755K
- **Initial approval:** $755K
- **Forgiven:** $406K (54%)
- **Forgiveness date:** 03/31/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $604K
- **Rent:** $55K
- **Utilities:** $2K
- **Health care:** $95K
- **Jobs reported:** 112
## 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*