# PPP loan: MERCADO MOTORS
> **$176K** approved 04/06/2020 · Paid in Full · Loan `5986187000`
## Borrower
- **Name:** MERCADO MOTORS
- **Address:** LAKE AVE, PUEBLO, CO, 81004-1478
- **NAICS:** 441120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 27
## Lender
- **Originating:** The Pueblo Bank and Trust Company
- **Servicing:** The Pueblo Bank and Trust Company (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*