# PPP loan: MILSTEAD AUTOMOTIVE LTD.
> **$972K** approved 02/12/2021 · Paid in Full · Loan `7898148408`
## Borrower
- **Name:** MILSTEAD AUTOMOTIVE LTD.
- **Address:** 29707 W Hawthorne Dr, Spring, TX, 77386-2156
- **NAICS:** 811111
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $972K
- **Initial approval:** $972K
- **Forgiven:** $979K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $972K
- **Jobs reported:** 80
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*