# PPP loan: BRAXTON'S AUTO ADVANTAGEINC
> **$759K** approved 02/01/2021 · Paid in Full · Loan `1225348407`
## Borrower
- **Name:** BRAXTON'S AUTO ADVANTAGEINC
- **Address:** 2521 Schieffelin Rd Ste 128, Apex, NC, 27502-4400
- **NAICS:** 811198
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $759K
- **Initial approval:** $759K
- **Forgiven:** $767K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $759K
- **Jobs reported:** 120
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*