# PPP loan: LITHIA SPRINGS MOTORCYCLES INC
> **$372K** approved 01/26/2021 · Paid in Full · Loan `6149128302`
## Borrower
- **Name:** LITHIA SPRINGS MOTORCYCLES INC
- **Address:** 501 Thornton Rd, Lithia Springs, GA, 30122-1517
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $372K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*