# PPP loan: BRUCE AUTO RECYCLING INC.
> **$194K** approved 04/07/2020 · Paid in Full · Loan `6882347000`
## Borrower
- **Name:** BRUCE AUTO RECYCLING INC.
- **Address:** 831 Highway 11, PETAL, MS, 39465
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 10
## Lender
- **Originating:** Magnolia State Bank
- **Servicing:** Magnolia State Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*