# PPP loan: VICTORIA MOTORS INC
> **$567K** approved 03/20/2021 · Paid in Full · Loan `5254848608`
## Borrower
- **Name:** VICTORIA MOTORS INC
- **Address:** 4702 N Navarro St, Victoria, TX, 77904-2063
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $567K
- **Forgiven:** $571K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $567K
- **Jobs reported:** 61
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*