# PPP loan: CV AUTOMOTIVE GROUP INC
> **$1.50M** approved 04/13/2020 · Paid in Full · Loan `5482357108`
## Borrower
- **Name:** CV AUTOMOTIVE GROUP INC
- **Address:** 560 Auto Park Dr 0.0, Chula Vista, CA, 91911-6026
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $120K
- **Utilities:** $35K
- **Health care:** $64K
- **Debt interest:** $171K
- **Jobs reported:** 118
## 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*