# PPP loan: LONDON AUTO TRUCK CENTER INC
> **$275K** approved 04/12/2020 · Paid in Full · Loan `4153977100`
## Borrower
- **Name:** LONDON AUTO TRUCK CENTER INC
- **Address:** 51 HIGHWAY 2034, WHITESBURG, KY, 41858-7686
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $55K
- **Jobs reported:** 65
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*