# PPP loan: LAGREW MOTORS, INC.
> **$933K** approved 04/07/2020 · Paid in Full · Loan `6672497001`
## Borrower
- **Name:** LAGREW MOTORS, INC.
- **Address:** 2440 Richmond Road, LEXINGTON, KY, 40502-2020
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $933K
- **Initial approval:** $933K
- **Forgiven:** $785K (84%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $747K
- **Rent:** $120K
- **Mortgage interest:** $49K
- **Utilities:** $18K
- **Jobs reported:** 60
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*