# PPP loan: BURNS MOTORS LTD
> **$1.67M** approved 02/03/2021 · Paid in Full · Loan `2190198403`
## Borrower
- **Name:** BURNS MOTORS LTD
- **Address:** 1300 E US Highway 83, McAllen, TX, 78501-8852
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.67M
- **Utilities:** $1
- **Jobs reported:** 138
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*