# PPP loan: COULTER MOTOR COMPANY, LLC
> **$1.09M** approved 04/09/2020 · Paid in Full · Loan `9850927007`
## Borrower
- **Name:** COULTER MOTOR COMPANY, LLC
- **Address:** 7780 S. Autoplex Loup 0.0, Tempe, AZ, 85284-1000
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $890K
- **Mortgage interest:** $120K
- **Utilities:** $20K
- **Health care:** $60K
- **Jobs reported:** 97
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*