# PPP loan: JPS MOTORS LLC
> **$185K** approved 01/28/2021 · Paid in Full · Loan `7687068310`
## Borrower
- **Name:** JPS MOTORS LLC
- **Address:** 224 Gap Farm Rd, Arcadia, LA, 71001-5227
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Marion State Bank
- **Servicing:** Marion State Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*