# PPP loan: CVK AUTOMOTIVE GROUP INC
> **$259K** approved 04/14/2020 · Paid in Full · Loan `5941857105`
## Borrower
- **Name:** CVK AUTOMOTIVE GROUP INC
- **Address:** 540 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:** $259K
- **Initial approval:** $259K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Mortgage interest:** $60K
- **Utilities:** $18K
- **Health care:** $12K
- **Jobs reported:** 26
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*