# PPP loan: KNOXVILLE MOTOR COMPANY
> **$1.55M** approved 04/07/2020 · Paid in Full · Loan `6789277009`
## Borrower
- **Name:** KNOXVILLE MOTOR COMPANY
- **Address:** 10131 PARKSIDE DR, KNOXVILLE, TN, 37922-1945
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.16M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Jobs reported:** 130
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*