# PPP loan: 3 STATE MOTOR CO.
> **$288K** approved 01/21/2021 · Paid in Full · Loan `3316408308`
## Borrower
- **Name:** 3 STATE MOTOR CO.
- **Address:** 2225 Autoplex Dr, Bossier City, LA, 71111-2380
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Bonvenu Bank NA
- **Servicing:** Bonvenu Bank NA (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*