# PPP loan: BOLEA MOTORS
> **$854K** approved 04/11/2020 · Paid in Full · Loan `3083377107`
## Borrower
- **Name:** BOLEA MOTORS
- **Address:** 6800 Automall Parkway, GILROY, CA, 95020-7103
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $854K
- **Initial approval:** $854K
- **Forgiven:** $870K (102%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $854K
- **Jobs reported:** 60
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*