# PPP loan: ITALIAN MOTORCOACH INC.
> **$929K** approved 02/10/2021 · Paid in Full · Loan `6260028403`
## Borrower
- **Name:** ITALIAN MOTORCOACH INC.
- **Address:** 1820 Santa Monica Blvd, Santa Monica, CA, 90404-1939
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $929K
- **Initial approval:** $929K
- **Forgiven:** $937K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $929K
- **Utilities:** $1
- **Jobs reported:** 108
## Lender
- **Originating:** First Hawaiian Bank
- **Servicing:** First Hawaiian Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*