# PPP loan: R W JENKINS AUTOMOTIVE INC
> **$693K** approved 04/05/2020 · Paid in Full · Loan `5592197000`
## Borrower
- **Name:** R W JENKINS AUTOMOTIVE INC
- **Address:** 152 W Walnut Street, NAPPANEE, IN, 46550-1600
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $693K
- **Initial approval:** $693K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $563K
- **Rent:** $77K
- **Utilities:** $28K
- **Debt interest:** $25K
- **Jobs reported:** 125
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*