# PPP loan: JERRY ACKERMAN MOTOR COMPANY INC.
> **$864K** approved 02/25/2021 · Paid in Full · Loan `4387188501`
## Borrower
- **Name:** JERRY ACKERMAN MOTOR COMPANY INC.
- **Address:** 2020 Hampton Ave, Saint Louis, MO, 63139-2934
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $864K
- **Initial approval:** $864K
- **Forgiven:** $877K (101%)
- **Forgiveness date:** 08/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $864K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** Peoples Bank & Trust
- **Servicing:** Peoples Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*