# PPP loan: DOWNTOWN AUTO GROUP INC.
> **$188K** approved 02/11/2021 · Paid in Full · Loan `6925978401`
## Borrower
- **Name:** DOWNTOWN AUTO GROUP INC.
- **Address:** 270 E Main St, Vernal, UT, 84078-2606
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 17
## Lender
- **Originating:** Commonwealth Business Bank
- **Servicing:** Commonwealth Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*