# PPP loan: CHANNEL AUTO SERVICES LP
> **$870K** approved 04/06/2020 · Paid in Full · Loan `6246637003`
## Borrower
- **Name:** CHANNEL AUTO SERVICES LP
- **Address:** PO Box 61106, SANTA BARBARA, CA, 93160-1106
- **NAICS:** 447110
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $870K
- **Initial approval:** $870K
- **Forgiven:** $879K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $830K
- **Health care:** $40K
- **Jobs reported:** 89
## Lender
- **Originating:** Community West Bank
- **Servicing:** Community West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*