# PPP loan: MOTORSPORTS OF LOS ANGELES, LLC
> **$367K** approved 04/08/2020 · Paid in Full · Loan `7752637000`
## Borrower
- **Name:** MOTORSPORTS OF LOS ANGELES, LLC
- **Address:** 2635 W ORANGETHORPE AVE, FULLERTON, CA, 92833-4209
- **NAICS:** 441228
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Jobs reported:** 31
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*