# PPP loan: ROCHESTER MOTORS, LLC
> **$672K** approved 04/11/2020 · Paid in Full · Loan `3006927102`
## Borrower
- **Name:** ROCHESTER MOTORS, LLC
- **Address:** 2720 North Highway 52, ROCHESTER, MN, 55901
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $451K (67%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $672K
- **Jobs reported:** 59
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*