# PPP loan: T & T MOTORS, INC.
> **$512K** approved 04/06/2020 · Paid in Full · Loan `6162607008`
## Borrower
- **Name:** T & T MOTORS, INC.
- **Address:** 4195 S HIGHWAY 27, SOMERSET, KY, 42501-6189
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $447K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Rent:** $45K
- **Utilities:** $20K
- **Health care:** $43K
- **Debt interest:** $20K
- **Jobs reported:** 45
## Lender
- **Originating:** The Citizens National Bank of Somerset
- **Servicing:** The Citizens National Bank of Somerset (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*