# PPP loan: DOWNTOWN APEX MOTORS, LLC
> **$248K** approved 04/15/2020 · Paid in Full · Loan `9303137105`
## Borrower
- **Name:** DOWNTOWN APEX MOTORS, LLC
- **Address:** 17370 GALE AVE, CITY OF INDUSTRY, CA, 91748-1504
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Mortgage interest:** $49K
- **Jobs reported:** 18
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*