# PPP loan: WATSONVILLE AUTO BODY, INC.
> **$786K** approved 04/10/2020 · Paid in Full · Loan `1911107104`
## Borrower
- **Name:** WATSONVILLE AUTO BODY, INC.
- **Address:** 107 Airport Blvd, FREEDOM, CA, 95019-2701
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $786K
- **Initial approval:** $827K
- **Forgiven:** $792K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Rent:** $98K
- **Utilities:** $98K
- **Jobs reported:** 67
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*