# PPP loan: LOKEY MOTOR COMPANY
> **$1.64M** approved 04/11/2020 · Paid in Full · Loan `2660727101`
## Borrower
- **Name:** LOKEY MOTOR COMPANY
- **Address:** 19820 US Hwy 19 N, Clearwater, FL, 33764-5016
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.64M
- **Jobs reported:** 124
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*