# PPP loan: RACEWAY AUTO & TRUCK PARTS LLC
> **$311K** approved 04/05/2020 · Paid in Full · Loan `5379767006`
## Borrower
- **Name:** RACEWAY AUTO & TRUCK PARTS LLC
- **Address:** 5350 Hwy 226, SAVANNAH, TN, 38372-5651
- **NAICS:** 441310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $313K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Rent:** $5K
- **Utilities:** $6K
- **Health care:** $1K
- **Debt interest:** $10K
- **Jobs reported:** 43
## Lender
- **Originating:** Wayne County Bank
- **Servicing:** Wayne County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*