# PPP loan: TIM SHORT MOTORS LLC
> **$832K** approved 01/20/2021 · Paid in Full · Loan `1955278303`
## Borrower
- **Name:** TIM SHORT MOTORS LLC
- **Address:** KY HWY 914, SOMERSET, KY, 42503
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $832K
- **Initial approval:** $832K
- **Forgiven:** $843K (101%)
- **Forgiveness date:** 04/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $832K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** South Central Bank, Inc.
- **Servicing:** South Central Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*