# PPP loan: CANBY MOTORS INC
> **$365K** approved 02/04/2021 · Paid in Full · Loan `3153608401`
## Borrower
- **Name:** CANBY MOTORS INC
- **Address:** 1232 S Philadelphia Blvd Ste H, Aberdeen, MD, 21001-3951
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Eastern Savings Bank, FSB
- **Servicing:** Eastern Savings Bank, FSB (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*