# PPP loan: KING MOTOR COMPANY OF SOUTH FLORIDA
> **$755K** approved 04/11/2020 · Paid in Full · Loan `3227227108`
## Borrower
- **Name:** KING MOTOR COMPANY OF SOUTH FLORIDA
- **Address:** 1345 FEDERAL HWY, DEERFIELD BEACH, FL, 33441-7248
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $755K
- **Initial approval:** $755K
- **Forgiven:** $760K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $755K
- **Jobs reported:** 63
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*