# PPP loan: COGSWELL MOTORS, INC.
> **$808K** approved 04/09/2020 · Paid in Full · Loan `9103497005`
## Borrower
- **Name:** COGSWELL MOTORS, INC.
- **Address:** 1900 E Main Street 0.0, Russellville, AR, 72801-5346
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $808K
- **Initial approval:** $808K
- **Forgiven:** $816K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $602K
- **Rent:** $69K
- **Mortgage interest:** $5K
- **Utilities:** $10K
- **Health care:** $44K
- **Debt interest:** $77K
- **Jobs reported:** 90
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*