# PPP loan: STATE LINE NISSAN, INC.
> **$697K** approved 04/10/2020 · Paid in Full · Loan `1674537110`
## Borrower
- **Name:** STATE LINE NISSAN, INC.
- **Address:** 10401 Madison Ave, KANSAS CITY, MO, 64114-4529
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Rent:** $114K
- **Utilities:** $17K
- **Jobs reported:** 55
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*