# PPP loan: J&M AUTOMOTIVE SALES AND SERVICE LLC
> **$675K** approved 04/05/2020 · Paid in Full · Loan `5250647004`
## Borrower
- **Name:** J&M AUTOMOTIVE SALES AND SERVICE LLC
- **Address:** 756 NEW HAVEN RD, NAUGATUCK, CT, 06770-5706
- **NAICS:** 423110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $675K
- **Initial approval:** $675K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $675K
- **Jobs reported:** 52
## Lender
- **Originating:** Ion Bank
- **Servicing:** Ion Bank (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*