# PPP loan: CLINTON AUTO GROUP
> **$387K** approved 04/05/2020 · Paid in Full · Loan `5169697000`
## Borrower
- **Name:** CLINTON AUTO GROUP
- **Address:** 2850 VALLEY WEST DR, CLINTON, IA, 52732-7701
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $43K
- **Mortgage interest:** $6K
- **Utilities:** $14K
- **Jobs reported:** 33
## Lender
- **Originating:** The Clinton National Bank
- **Servicing:** The Clinton National Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*