# PPP loan: LMK AUTO GROUP, LTD.
> **$307K** approved 04/13/2020 · Paid in Full · Loan `4970427110`
## Borrower
- **Name:** LMK AUTO GROUP, LTD.
- **Address:** 1110 E Broadway Ave, Gladewater, TX, 75647-2503
- **NAICS:** 423120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 28
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*