# PPP loan: BEST COLLISION, INC.
> **$260K** approved 04/05/2020 · Paid in Full · Loan `5111847005`
## Borrower
- **Name:** BEST COLLISION, INC.
- **Address:** 1302 SE J. St., BENTONVILLE, AR, 72712-6526
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 20
## 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*