# PPP loan: LAKE HILL MOTORS INC
> **$208K** approved 04/04/2020 · Paid in Full · Loan `4932237002`
## Borrower
- **Name:** LAKE HILL MOTORS INC
- **Address:** 2003 HWY 72 E ANNEX, CORINTH, MS, 38834
- **NAICS:** 441210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Jobs reported:** 23
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*