# PPP loan: SOCAL ACCESSORY PRODUCTION INC
> **$250K** approved 05/01/2020 · Paid in Full · Loan `3188107702`
## Borrower
- **Name:** SOCAL ACCESSORY PRODUCTION INC
- **Address:** 2155 E 7TH ST STE 300, LOS ANGELES, CA, 90023
- **NAICS:** 332994
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $31K (13%)
- **Forgiveness date:** 05/03/2024
- **Status:** Paid in Full
- **Term:** 3 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $50K
- **Jobs reported:** 42
## 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*