# PPP loan: SOMERSWORTH NISSAN HYUNDAI, INC.
> **$475K** approved 04/06/2020 · Paid in Full · Loan `6032817003`
## Borrower
- **Name:** SOMERSWORTH NISSAN HYUNDAI, INC.
- **Address:** 285 ROUTE 108, SOMERSWORTH, NH, 03878-1522
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 32
## Lender
- **Originating:** Merrimack County Savings Bank
- **Servicing:** Merrimack County Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*