# PPP loan: GERRY WOOD AUTOMOTIVE LLC
> **$2.00M** approved 04/15/2020 · Paid in Full · Loan `2245277209`
## Borrower
- **Name:** GERRY WOOD AUTOMOTIVE LLC
- **Address:** 525 Jake Alexander Blvd S, SALISBURY, NC, 28147-9055
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 161
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*