# PPP loan: ARAPAHOE MOTORS, INC.
> **$6.92M** approved 04/09/2020 · Paid in Full · Loan `9547967005`
## Borrower
- **Name:** ARAPAHOE MOTORS, INC.
- **Address:** 1190 Plum Valley Lane 0.0, Highlands Ranch, CO, 80129-1900
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.92M
- **Initial approval:** $6.92M
- **Forgiven:** $7.02M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.54M
- **Rent:** $866K
- **Mortgage interest:** $60K
- **Utilities:** $128K
- **Health care:** $230K
- **Debt interest:** $100K
- **Jobs reported:** 378
## 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*