# PPP loan: FALMOUTH MOTORCAR INC
> **$235K** approved 04/06/2020 · Paid in Full · Loan `5808587010`
## Borrower
- **Name:** FALMOUTH MOTORCAR INC
- **Address:** 716 Teaticket Hwy, EAST FALMOUTH, MA, 02536-5846
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $238K (102%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 17
## Lender
- **Originating:** The Cape Cod Five Cents Savings Bank
- **Servicing:** The Cape Cod Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*