# PPP loan: LOYALTY AUTOMOTIVE RICHMOND LLC
> **$777K** approved 04/09/2020 · Paid in Full · Loan `1037587100`
## Borrower
- **Name:** LOYALTY AUTOMOTIVE RICHMOND LLC
- **Address:** 2000 Walthal Center Dr, CHESTER, VA, 23831
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $777K
- **Initial approval:** $777K
- **Forgiven:** $786K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Jobs reported:** 74
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*