# PPP loan: WORLD AUTO GROUP INC.
> **$493K** approved 04/28/2020 · Paid in Full · Loan `1777787303`
## Borrower
- **Name:** WORLD AUTO GROUP INC.
- **Address:** 2520 Hempstead turnpike, East Meadow, NY, 11554-2136
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $493K
- **Jobs reported:** 29
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*