# PPP loan: YARK AUTOMOTIVE GROUP, INC.
> **$5.73M** approved 04/03/2020 · Paid in Full · Loan `4556927003`
## Borrower
- **Name:** YARK AUTOMOTIVE GROUP, INC.
- **Address:** 6019 CENTRAL AVE, TOLEDO, OH, 43615-1803
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.73M
- **Initial approval:** $5.73M
- **Forgiven:** $5.80M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.66M
- **Rent:** $510K
- **Mortgage interest:** $475K
- **Utilities:** $81K
- **Jobs reported:** 413
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*