# PPP loan: PEORIA MOTOR COMPANY
> **$1.20M** approved 04/09/2020 · Paid in Full · Loan `9754447005`
## Borrower
- **Name:** PEORIA MOTOR COMPANY
- **Address:** 9260 W Bell Rd 0.0, Peoria, AZ, 85382-3713
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Utilities:** $28K
- **Health care:** $36K
- **Jobs reported:** 83
## 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*