# PPP loan: TOM'S AUTOMOTIVE SERVICE, INC
> **$195K** approved 04/07/2020 · Paid in Full · Loan `6690027004`
## Borrower
- **Name:** TOM'S AUTOMOTIVE SERVICE, INC
- **Address:** 4865 MAGAZINE ST, TUPELO, MS, 38804-4865
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $24K
- **Health care:** $9K
- **Jobs reported:** 18
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*