# PPP loan: DRIVESMART AUTO CARE, INC.
> **$366K** approved 05/08/2020 · Paid in Full · Loan `3881917402`
## Borrower
- **Name:** DRIVESMART AUTO CARE, INC.
- **Address:** 310 Main Street suite 7&8, TOMS RIVER, NJ, 08753
- **NAICS:** 561421
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Jobs reported:** 40
## Lender
- **Originating:** Bogota Savings Bank
- **Servicing:** Bogota Savings Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*