# PPP loan: WALDORF TIRE CENTER, INC.
> **$810K** approved 04/04/2020 · Paid in Full · Loan `5039657001`
## Borrower
- **Name:** WALDORF TIRE CENTER, INC.
- **Address:** 3060 OLD WASHINGTON RD, WALDORF, MD, 20601-3121
- **NAICS:** 811198
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $810K
- **Initial approval:** $810K
- **Forgiven:** $819K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $810K
- **Jobs reported:** 74
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*