# PPP loan: C & W MOTORS, INC.
> **$3.32M** approved 04/09/2020 · Paid in Full · Loan `9613507006`
## Borrower
- **Name:** C & W MOTORS, INC.
- **Address:** 2677 E. Willis Rd. 0.0, Chandler, AZ, 85286-2601
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.32M
- **Initial approval:** $3.32M
- **Forgiven:** $3.36M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.31M
- **Mortgage interest:** $865K
- **Utilities:** $25K
- **Health care:** $120K
- **Jobs reported:** 289
## 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*