# PPP loan: NORTH AMERICAN CREDIT SERVICES, INC.
> **$2.44M** approved 04/13/2020 · Paid in Full · Loan `5561187103`
## Borrower
- **Name:** NORTH AMERICAN CREDIT SERVICES, INC.
- **Address:** 2810 WALKER RD, CHATTANOOGA, TN, 37421-1082
- **NAICS:** 561440
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.44M
- **Initial approval:** $2.44M
- **Forgiven:** $2.47M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Jobs reported:** 260
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*