# PPP loan: JVC LOGISTICS INC.
> **$170K** approved 06/18/2020 · Paid in Full · Loan `8336657905`
## Borrower
- **Name:** JVC LOGISTICS INC.
- **Address:** 4492 CAMINO DE LA PLAZA, SAN YSIDRO, CA, 92173-3071
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $43K
- **Jobs reported:** 14
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*