# PPP loan: LAUREL VALLEY MOTORS INC
> **$378K** approved 04/06/2020 · Paid in Full · Loan `5835317005`
## Borrower
- **Name:** LAUREL VALLEY MOTORS INC
- **Address:** 3656 STATE ROUTE 30, LATROBE, PA, 15650-5208
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Rent:** $95K
- **Jobs reported:** 31
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*