# PPP loan: STORKS AUTOMOTIVE INC
> **$191K** approved 04/15/2020 · Paid in Full · Loan `1537877209`
## Borrower
- **Name:** STORKS AUTOMOTIVE INC
- **Address:** 5138 Bernville Road, Bernville, PA, 19506
- **NAICS:** 444210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $18K
- **Utilities:** $7K
- **Jobs reported:** 19
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*