# PPP loan: SKINNER MOTORS, INC.
> **$226K** approved 04/27/2020 · Paid in Full · Loan `5571007208`
## Borrower
- **Name:** SKINNER MOTORS, INC.
- **Address:** 409 WILLIAMS ST, OXFORD, AL, 36203-2332
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 16
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*