# PPP loan: ITALIAN MOTORCOACH INC
> **$660K** approved 04/07/2020 · Paid in Full · Loan `7062767007`
## Borrower
- **Name:** ITALIAN MOTORCOACH INC
- **Address:** 1820 SANTA MONICA BLVD, SANTA MONICA, CA, 90404-1939
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $669K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **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*