# PPP loan: HUTCHINSON AUTO CENTER, INC.
> **$370K** approved 04/03/2020 · Paid in Full · Loan `4385127004`
## Borrower
- **Name:** HUTCHINSON AUTO CENTER, INC.
- **Address:** 1165 Highway 22, HUTCHINSON, MN, 55350-0015
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Rent:** $40K
- **Utilities:** $36K
- **Jobs reported:** 30
## Lender
- **Originating:** Central Bank & Trust
- **Servicing:** Central Bank & Trust (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*