# PPP loan: EBK AUTOMOBILES INC
> **$273K** approved 04/06/2020 · Paid in Full · Loan `5786727002`
## Borrower
- **Name:** EBK AUTOMOBILES INC
- **Address:** 1915 Hot Springs Rd, COVINGTON, VA, 24426-6104
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $254K (93%)
- **Forgiveness date:** 11/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $20K
- **Jobs reported:** 26
## Lender
- **Originating:** Highlands Community Bank
- **Servicing:** Highlands Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*