# PPP loan: GERMAN AUTO CENTER
> **$180K** approved 04/07/2020 · Paid in Full · Loan `6621137009`
## Borrower
- **Name:** GERMAN AUTO CENTER
- **Address:** 1621 Kemp Hills Dr, AUSTIN, TX, 78737-8859
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 12
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*