# PPP loan: DIRECT PAINT AND COLLISION, LLC
> **$243K** approved 04/16/2020 · Paid in Full · Loan `3125387207`
## Borrower
- **Name:** DIRECT PAINT AND COLLISION, LLC
- **Address:** 1000 N Eagle Rd, Havertown, PA, 19083
- **NAICS:** 811121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $10K
- **Mortgage interest:** $7K
- **Utilities:** $20K
- **Health care:** $2K
- **Debt interest:** $22K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*