# PPP loan: PURNI AUTOMOTIVE SYSTEMS INC
> **$260K** approved 05/01/2020 · Paid in Full · Loan `3608907703`
## Borrower
- **Name:** PURNI AUTOMOTIVE SYSTEMS INC
- **Address:** 1260 IROQUOIS AVE SUITE 106, NAPERVILLE, IL, 60563
- **NAICS:** 811112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $36K
- **Utilities:** $8K
- **Health care:** $16K
- **Jobs reported:** 23
## 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*