# PPP loan: AUCTION BROTHERS INC.
> **$571K** approved 03/23/2021 · Paid in Full · Loan `6849228603`
## Borrower
- **Name:** AUCTION BROTHERS INC.
- **Address:** 7040 Darby Ave Unit 1, Reseda, CA, 91335-4401
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $571K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*