# PPP loan: CAPITAL AUTOMOTIVE OF INDIAN TRAIL, INC.
> **$569K** approved 04/13/2020 · Paid in Full · Loan `4436197102`
## Borrower
- **Name:** CAPITAL AUTOMOTIVE OF INDIAN TRAIL, INC.
- **Address:** 5501 HWY 74 W, INDIAN TRAIL, NC, 28079
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $569K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*