# PPP loan: COLONIAL SOUTH AUTOMOTIVE, INC.
> **$764K** approved 04/11/2020 · Exemption 4 · Loan `3234197110`
## Borrower
- **Name:** COLONIAL SOUTH AUTOMOTIVE, INC.
- **Address:** 42 State Road, NORTH DARTMOUTH, MA, 02747-3320
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $764K
- **Initial approval:** $764K
- **Forgiven:** $637K (83%)
- **Forgiveness date:** 05/31/2023
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $764K
- **Jobs reported:** 53
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*