# PPP loan: NEW WORLD AUTO IMPORTS OF SAN MARCOS INC
> **$851K** approved 04/28/2020 · Paid in Full · Loan `1401857302`
## Borrower
- **Name:** NEW WORLD AUTO IMPORTS OF SAN MARCOS INC
- **Address:** 600 Jeffrey Way, Round Rock, TX, 78665-2470
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $851K
- **Initial approval:** $851K
- **Forgiven:** $765K (90%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $851K
- **Jobs reported:** 33
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*