# PPP loan: CITY AUTO CENTER INC
> **$219K** approved 02/20/2021 · Paid in Full · Loan `2587608502`
## Borrower
- **Name:** CITY AUTO CENTER INC
- **Address:** 180 Mercer St N/A, Hightstown, NJ, 08520-3720
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $329K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*