# PPP loan: KING HAGERSTOWN MOTORS LLC
> **$1.72M** approved 04/15/2020 · Paid in Full · Loan `1918017202`
## Borrower
- **Name:** KING HAGERSTOWN MOTORS LLC
- **Address:** 1714 Massey Blvd, Hagerstown, MD, 21740
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Mortgage interest:** $216K
- **Utilities:** $216K
- **Jobs reported:** 115
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*