# PPP loan: GILL AUTOMOTIVE LLC
> **$300K** approved 05/01/2020 · Charged Off · Loan `5723437709`
## Borrower
- **Name:** GILL AUTOMOTIVE LLC
- **Address:** 1770 HOOPER AVENUE, TOMS RIVER, NJ, 08753
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $111K (37%)
- **Forgiveness date:** 07/06/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*