# PPP loan: PATRIOT AUTO SALES INC
> **$190K** approved 04/12/2020 · Paid in Full · Loan `3978137106`
## Borrower
- **Name:** PATRIOT AUTO SALES INC
- **Address:** 3554 N MILITARY HWY, NORFOLK, VA, 23518-5502
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $21K
- **Utilities:** $4K
- **Jobs reported:** 29
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*