# PPP loan: JACK INGRAM MOTORS INC
> **$2.17M** approved 04/15/2020 · Paid in Full · Loan `1743727200`
## Borrower
- **Name:** JACK INGRAM MOTORS INC
- **Address:** 227 EASTERN BLVD, MONTGOMERY, AL, 36117-2009
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.17M
- **Initial approval:** $2.17M
- **Forgiven:** $2.19M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.17M
- **Jobs reported:** 182
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*