# PPP loan: HUGH PALMER MOTOR COMPANY
> **$171K** approved 04/07/2020 · Paid in Full · Loan `6564917010`
## Borrower
- **Name:** HUGH PALMER MOTOR COMPANY
- **Address:** 1755 W ELM ST, LEBANON, MO, 65536-3938
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Mortgage interest:** $3K
- **Utilities:** $5K
- **Health care:** $7K
- **Debt interest:** $675
- **Jobs reported:** 17
## Lender
- **Originating:** First State Community Bank
- **Servicing:** First State Community Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*