# PPP loan: CLUTTS AUTO SALES, INC.
> **$244K** approved 04/05/2020 · Paid in Full · Loan `5550347010`
## Borrower
- **Name:** CLUTTS AUTO SALES, INC.
- **Address:** 120 FITZ GILBERT RD, HAZARD, KY, 41701-5336
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $61K
- **Jobs reported:** 26
## Lender
- **Originating:** 1st Trust Bank, Inc.
- **Servicing:** 1st Trust Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*