# PPP loan: LOQUERCIO AUTOMOTIVE NORTH, INC
> **$546K** approved 04/13/2020 · Paid in Full · Loan `5625247108`
## Borrower
- **Name:** LOQUERCIO AUTOMOTIVE NORTH, INC
- **Address:** 800 E DUNDEE AVE, ELGIN, IL, 60120
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $546K
- **Initial approval:** $546K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $546K
- **Jobs reported:** 38
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*