# PPP loan: CHICAGO MOTOR COACH, INC.
> **$278K** approved 05/01/2020 · Paid in Full · Loan `3067787700`
## Borrower
- **Name:** CHICAGO MOTOR COACH, INC.
- **Address:** 6 BUTTONWOOD LN, NORTHBROOK, IL, 60062
- **NAICS:** 485320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $255K (92%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Rent:** $37K
- **Utilities:** $2K
- **Health care:** $10K
- **Jobs reported:** 390
## 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*