# PPP loan: AMERICA'S POWERSPORTS, INC.
> **$3.49M** approved 04/09/2020 · Paid in Full · Loan `9502407008`
## Borrower
- **Name:** AMERICA'S POWERSPORTS, INC.
- **Address:** 800 Watters Road, Suite 190 0.0, Allen, TX, 75013-5380
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.49M
- **Initial approval:** $3.49M
- **Forgiven:** $3.53M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.51M
- **Rent:** $609K
- **Utilities:** $66K
- **Health care:** $178K
- **Debt interest:** $125K
- **Jobs reported:** 273
## 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*