# PPP loan: C. R. MOTOR SALES, INC.
> **$249K** approved 04/04/2020 · Paid in Full · Loan `4738467008`
## Borrower
- **Name:** C. R. MOTOR SALES, INC.
- **Address:** 518 S. MERIDIAN RD, HUDSON, MI, 49247-9341
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Mortgage interest:** $37K
- **Utilities:** $12K
- **Jobs reported:** 20
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*