# PPP loan: DELTA WORLD TIRE CO. OF N.O., INC.
> **$1.57M** approved 04/09/2020 · Paid in Full · Loan `9249767006`
## Borrower
- **Name:** DELTA WORLD TIRE CO. OF N.O., INC.
- **Address:** 3432 Bienville St 0.0, New Orleans, LA, 70119-5321
- **NAICS:** 441320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Rent:** $236K
- **Utilities:** $33K
- **Health care:** $45K
- **Debt interest:** $5K
- **Jobs reported:** 157
## 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*