# PPP loan: AUTOMOTIVE ENTERPRISES INC.
> **$263K** approved 01/21/2021 · Paid in Full · Loan `2685628305`
## Borrower
- **Name:** AUTOMOTIVE ENTERPRISES INC.
- **Address:** 2400 Kerper Blvd, Dubuque, IA, 52001-2247
- **NAICS:** 332813
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*