# PPP loan: CHARLES DAHER'S COMMONWEALTH MOTORS INC.
> **$1.94M** approved 03/17/2021 · Paid in Full · Loan `3774348605`
## Borrower
- **Name:** CHARLES DAHER'S COMMONWEALTH MOTORS INC.
- **Address:** 1 Commonwealth Dr, Lawrence, MA, 01841-2268
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.94M
- **Utilities:** $1
- **Jobs reported:** 155
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*