# PPP loan: BOB MOREY'S AUTO BODY
> **$305K** approved 04/04/2020 · Paid in Full · Loan `4925657001`
## Borrower
- **Name:** BOB MOREY'S AUTO BODY
- **Address:** 1019 N. Walton Blvd, BENTONVILLE, AR, 72712-4545
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $307K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Rent:** $38K
- **Utilities:** $38K
- **Jobs reported:** 22
## Lender
- **Originating:** Legacy National Bank
- **Servicing:** Legacy National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*