# PPP loan: MJR AUTOMOTIVE LLC
> **$293K** approved 04/10/2020 · Paid in Full · Loan `1456567110`
## Borrower
- **Name:** MJR AUTOMOTIVE LLC
- **Address:** 620 Fort Worth Drive, DENTON, TX, 76201-7135
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Mortgage interest:** $37K
- **Utilities:** $37K
- **Jobs reported:** 16
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*