# PPP loan: SOMERSET AUTO PARTS
> **$189K** approved 04/05/2020 · Paid in Full · Loan `5162027006`
## Borrower
- **Name:** SOMERSET AUTO PARTS
- **Address:** 214 Stoystown Rd., SOMERSET, PA, 15501-1443
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 31
## Lender
- **Originating:** Somerset Trust Company
- **Servicing:** Somerset Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*