# PPP loan: DRIVESHOP LLC
> **$1.16M** approved 01/23/2021 · Paid in Full · Loan `4586558301`
## Borrower
- **Name:** DRIVESHOP LLC
- **Address:** 7530 164th Ave NE Ste A112, Redmond, WA, 98052-7837
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.16M
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*