# PPP loan: CANTON MOTORS LLC
> **$169K** approved 04/12/2020 · Paid in Full · Loan `4157297105`
## Borrower
- **Name:** CANTON MOTORS LLC
- **Address:** 1608 W MOORE AVE, terrell, TX, 75160-2308
- **NAICS:** 441120
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $28K
- **Jobs reported:** 17
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*