# PPP loan: MISSION VOLKSWAGEN, INC.
> **$1.38M** approved 04/09/2020 · Paid in Full · Loan `9704257009`
## Borrower
- **Name:** MISSION VOLKSWAGEN, INC.
- **Address:** 32922 Valle Road, San Juan Capistrano, CA, 92675-4802
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $937K
- **Rent:** $263K
- **Utilities:** $25K
- **Health care:** $101K
- **Debt interest:** $50K
- **Jobs reported:** 101
## 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*