# PPP loan: HPS MOTORS, LLC
> **$841K** approved 04/08/2020 · Paid in Full · Loan `7688777001`
## Borrower
- **Name:** HPS MOTORS, LLC
- **Address:** 4100 Auto Plaza Dr, CAPITOLA, CA, 95010-2072
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $841K
- **Initial approval:** $841K
- **Forgiven:** $755K (90%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $841K
- **Jobs reported:** 56
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*