# PPP loan: HART MOTOR COMPANY INC
> **$700K** approved 04/14/2020 · Paid in Full · Loan `5967457101`
## Borrower
- **Name:** HART MOTOR COMPANY INC
- **Address:** 1341 E MAIN ST, SALEM, VA, 24153-4413
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 75
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*