# PPP loan: CECIL'S AUTOMOTIVE INC
> **$226K** approved 04/05/2020 · Paid in Full · Loan `5355457002`
## Borrower
- **Name:** CECIL'S AUTOMOTIVE INC
- **Address:** 3815 S HOUSTON LEVEE RD, COLLIERVILLE, TN, 38017-9187
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $40K
- **Utilities:** $2K
- **Health care:** $14K
- **Jobs reported:** 13
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*