# PPP loan: SOUTHWEST AUTO GROUP, LLC
> **$618K** approved 04/10/2020 · Paid in Full · Loan `1317297101`
## Borrower
- **Name:** SOUTHWEST AUTO GROUP, LLC
- **Address:** 1407 N 10th ST, ARKADELPHIA, AR, 71923-2511
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $463K
- **Rent:** $93K
- **Utilities:** $62K
- **Jobs reported:** 59
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*